Ontario Teachers’ backs London Bridge ILS cell with initial £100mn+
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Ontario Teachers’ backs London Bridge ILS cell with initial £100mn+

A photograph of the Lloyds Building in London from ground up

Lloyd’s said the first London Bridge ILS transaction at the market was backed by more than £100mn ($136mn) of capital from the Ontario Teachers’ Pension Plan, providing quota share support to three syndicates: CFC Syndicate 1988, Beazley’s Syndicate 5623 and Beat’s Syndicate 1416.

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