TransRe’s Finlay warns of reinsurance “aggregation problem” with SPACs and de-SPACs

Directors and officers

Speaking on a PLUS D&O Symposium panel, TransRe’s Brian Finlay has highlighted the aggregation risk facing the reinsurance market related to special purpose acquisition companies (SPACs), while insurance carriers suggested they remain cautious about underwriting the space and expect regulatory scrutiny to continue to increase.

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