Lucida sister firm launches in Bermuda to reinsure buyout business

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Lucida Re - the Bermudan-based sister company of Lucida plc - has appointed Gary Crofts as managing director.

The buyout firm has been established to reinsure some of the business written by Lucida in the UK as well as writing business on a standalone basis. Crofts was formerly chief executive of MetLife ...

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