UPC Insurance wins sponsor of the year

Florida-based UPC Insurance received the Sponsor of the Year award
at the 2017 Trading Risk awards held in
London last week.
The award recognises carriers that have made innovative use of
ILS market capacity in building their reinsurance or retrocession
programmes.
Last year UPC sponsored its debut cat bond, Laetere Re, and it
is also a major buyer of collateralised reinsurance. In addition,
the Floridian set up a sidecar, Promissum Re, to bring in other
third-party investors in 2015.
Generali..