Topsail Re distances itself from “just in time” capital providers

Published: Wed 6 Sep 2023

Amid the ongoing Vesttoo fallout, Topsail Re has written to counterparties and brokers to highlight the differences between fully collateralised reinsurers or entities such as transformers, and its own platform, which it says is founded on a “true balance sheet” of more than $825mn in total assets.