Clear Blue sales process paused following Vesttoo fallout
Clear Blue has put its sales process on hold as the fronting company assesses the implications of Vesttoo’s collateral inconsistencies, this publication has learned.
It is understood that the process has not been fully pulled, but sources said it will be delayed until the company has a complete picture of its exposure to the ILS platform.
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business