Clear Blue ‘highly confident’ in ability to replace Vesttoo coverage and capital
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Clear Blue ‘highly confident’ in ability to replace Vesttoo coverage and capital

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Clear Blue has said it is “highly confident” it will be able to replace reinsurance and collateral provided by Vesttoo “within a reasonable period”.

The announcement comes after AM Best yesterday put Clear Blue’s credit ratings under review with negative implications, citing uncertainty around the company’s ability to rely on certain letters of credit (LoCs).

Clear

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