Southport Re, the collateralised reinsurer that ran into problems over the quality of the assets backing its underwriting, is to be sold to investment group US Lennox Investments LLC for an undisclosed sum, according to reports.
Southport Re, the collateralised reinsurer that ran into problems over the quality of the assets backing its underwriting, is to be sold to investment group US Lennox Investments LLC for an undisclosed sum, according to reports.