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Castlelake establishes 'nuanced' aviation reinsurance business

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Castlelake establishes 'nuanced' aviation reinsurance business

Investment management company Castlelake has established a Bermuda-licensed reinsurance company for buyers and owners of commercial aircraft assets. Known as Itasca Re, the new business is to provide "competitive financing rates for aircraft asset buyers by transferring the non-payment risk traditio...

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