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PGGM / PFZW grows Vermeer Re investment again in Q1

May 11, 2022

Netherlands-based pension investor PGGM continues to steadily expand the capabilities of its joint-venture and rated underwriting vehicle Vermeer Reinsurance Ltd., subscribing for more shares in the company during the first-quarter of 2022.

Vermeer Reinsurance Ltd. is managed by RenaissanceRe and capitalised by PGGM, on behalf of its client the Dutch pension PFZW.

The pension investor has been building up Vermeer Re’s capabilities and balance-sheet, with incremental small investments in recent quarters.

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