The Hanover launches Bermuda E&S vehicle

The Hanover's new Bermuda subsidiary has been assigned an A
rating by AM Best as the US insurer uses the vehicle to support its
expansion in the E&S space.
The new entity, The Hanover Atlantic, was set up in April this
year and has a 100 percent reinsurance agreement with its US
parent.
The vehicle was formed to support The Hanover's strategy of
diversification through the expansion of its E&S product
offerings in the US to its network of retail...