Reinsurance News
Citadel Risk
Citadel Risk announces capital injections and stop loss arrangement
21st October 2021
Citadel Risk has announced major capital changes to the balance sheets of its Citadel Reinsurance Company Limited Bermuda (Citadel) and American Millennium Insurance Company (AMIC) subsidiaries. These include a $25 million capital injection into Citadel’s balance sheet, which stands at $47.1 million as of September 30th. Similarly, Citadel Risk announced a $10 ... Read the full article
Davies acquires Citadel Risk’s captive management operations
29th July 2020
Leading specialist professional services and technology firm, Davies, has announced a deal to acquire the captive management & consulting businesses of insurance and reinsurance specialist, Citadel Risk. Citadel Management & Cedar Consulting will become part of Davies’ Insurance Services practice under the new deal, which is led by CEO Steven Crabb. ... Read the full article
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