By David Dankwa, Senior ReporterProperty and casualty insurers wrestling with underwriting losses and reserving issues frequently turn to quota-share reinsurance arrangements to shore up capital and stabilize their business. The latest insurer to do so is Tower Group, which announced on Oct. 1 quota-share reinsurance agreements with three reinsurers – Arch Reinsurance Ltd., Hannover Re (Ireland) Plc. and Southport Re (Cayman) Ltd. At least two of the arrangements target future losses from Tower’s workers' comp portfolio. In December 2012, another property and casualty ins...
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