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New US carrier Hadron expands into the UK
Hybrid insurer enters British market via M&A route
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AM Best sees positive implications for Folgate rating after Hadron deal
AM Best is reviewing the ratings of Folgate Insurance after the takeover by Hadron, flagging Folgate is expected to be “strategically important” to the US
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Hadron Specialty enters UK market with Folgate acquisition
The insurer launched in Q4 2023 with $250mn of backing from Altamont.
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