Ecclesiastical takes first steps to enter reinsurance market
Ecclesiastical has taken a surprising but tentative step into the reinsurance sector to provide cover for agricultural specialist, Cornish Mutual.
The deal is a standard reinsurance contract and is the first in what Ecclesiastical hopes will be a series of similar agreements.
"This was a 12-month project," said Chris Lees, underwriting director at Ecclesiastical.
"It stems from the fact that as an organisation we are in a rather unique position with a business model that helps insurers in
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