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» Captive Reinsurance Units of Lenders Did Quite Well Last Year
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Captive Reinsurance Units of Lenders Did Quite Well Last Year
April 12, 2013
John Bancroft
Over the past five years, lender captives paid $706 million in losses. Most of these captives were domiciled in the U.S. and sponsored by mortgage lenders, receiving $2.92 billion in ceded premiums.
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