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Trust Re receives $130m to shore up future after 2018 credit downgrade
Parent company Nest Investments Holdings (Nest) will pay $130 million replacement funds to Bahrain-based re/insurer Trust International Insurance & Reinsurance Company (Trust Re) this year to shore up the firm’s future after it was hit with a credit downgrade last year. In October 2018, Trust Re’s credit rating was downgraded…
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