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Castlelake establishes aviation reinsurer in Bermuda


U.S.-based aviation-focused alternative investment manager Castlelake, L.P. has launched a new reinsurer, Itasca Re Ltd., in Bermuda to provide insurance financing services to owners and buyers of commercial aircraft assets, Reinsurance News reported. Castlelake has appointed Kostya Zolotusky to lead Itasca Re.

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