Filed Under:Markets, Reinsurance

Meadowbrook Enters Quota Share Agreement with Swiss Re

Meadowbrook Insurance Group, currently under review by rating agency A.M. Best Co., says it has reached a quota-share agreement with Swiss Re to address capital concerns.

The Southfield, Mich.-based specialty program manager says it will surrender 50 percent of unearned premium on a selected portion of its business in return for an undisclosed ceding commission, starting Dec. 31.

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