New Nordic Advisors ‹ Press Releases

Nov

2018

New Nordic Advisors places Qudos Insurance into liquidation; enters into risk transfer deals with DARAG

Posted on 27th November 2018 by Mazin Shammas and has No comment

New Nordic Advisors (“New Nordic”), the investment management company, today announced that it has placed its wholly-owned insurance subsidiary Qudos Insurance (“Qudos”) into liquidation, effective immediately, following a comprehensive review of the insurance company’s position. New Nordic has entered into a number of retrospective reinsurance treaties […]

Oct

2018

New Nordic Advisors subsidiary Qudos Insurance suspends live underwriting

Posted on 18th October 2018 by Mazin Shammas and has No comment

New Nordic Advisors, the advisor to New Nordic Holding Ltd (“New Nordic”), the financial services-focused investment management company, today announced that its wholly-owned subsidiary Qudos Insurance (“Qudos”) will cease to underwrite new business with immediate effect, pending a restructuring of the business. New Nordic will continue […]