Paulson Reinsurance Company in Bermuda to Wind Down

The Bermuda-based reinsurance company set up by the hedge fund manager John A. Paulson is winding down as scrutiny of offshore tax strategies rises.

The company, PacRe, which Mr. Paulson set up in 2012, has not been writing policies since Jan. 1, according to a statement Tuesday evening by Validus Holdings, a Bermuda reinsurance company that did the PacRe deal with Paulson & Company.

via NY Times

Paulson Reinsurance Company in Bermuda to Wind Down

Leave a Reply

Your email address will not be published. Required fields are marked *