The former CEO of Prosperity Life Insurance has secured an initial $500mn in backing from Canadian funds to launch a platform for investing in North American insurers.
Canadian funds inject $500mn into new insurance acquisition vehicle
![cdpq-otpp-logos.jpg](https://assets.euromoneydigital.com/dims4/default/9ba529b/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fbd%2F80%2F03b2db0aaa96a060b6818877c6d5%2Fcdpq-otpp-logos.jpg)
The former CEO of Prosperity Life Insurance has secured an initial $500mn in backing from Canadian funds to launch a platform for investing in North American insurers.