The start-up intends to follow a capital agnostic strategy, with its own balance-sheet and ILS fund operations
Mereo finalising equity and ILS fund backing | | | Mereo finalising equity and ILS fund investor backing, set to launch for 1/1  Mereo Insurance, the Bermuda-based re/insurance start-up that counts former AIG CEO Brian Duperreault as its Chairman, has a strategy to work closely with third-party capital investors, is expected to be up and running for 1/1, with equity and seed capital being finalized for its first insurance-linked securities (ILS) fund, Artemis has learned. We've learned that Mereo is finalizing its capital base to get up and running for 1/1, with the the Mereo ILS fund strategy set to access returns from attractive opportunities available in ILS, leaning on the experience and origination access of its team including to off-market investments, to invest in direct insurance, reinsurance, retrocession and catastrophe bond instruments. Read the full story. | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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