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Ukrainian insurer becomes first to gain CEE-wide licence for collateralised retrocession.
Reinsurers will be able to access new sources of retrocession capacity from Eastern Europe after a Kiev-based insurer was awarded the first CEE-wide licence for collateralised retro activities.
Brokbusiness has been awarded a licence from the National Bank of Ukraine to post collateral abroad as part of its retro reinsurance capacity provision.