DC based reinsurance and secondaries solution raised $5m in new funding led by Blue Bear Capital.
| less than a minute read
The Demex Group raises $5m in new funding
“Severe convective storms (SCS) induce losses in the midwestern states surpassing even the hurricane-inflicted damages in coastal regions. This rising trend of SCS loss is contributing to unpredictable earnings, credit downgrades, and potential bankruptcy for many insurance firms.”
