Sirius latest to consider total return re start-up

China Minsheng Investment (CMI)'s Sirius has appointed JP
Morgan to help it explore the creation of a legacy-focused total
return reinsurance vehicle, The Insurance
Insider can reveal.
Sources told this publication that the Bermuda-domiciled
reinsurer, which was bought earlier this year by CMI for $2.6bn, is
currently auditioning potential fund managers to look after the
assets of the proposed joint venture.
After securing the services of an alternative fund manager,
Sirius is then likely to set