Northern Trust Corporation has been selected to provide comprehensive asset servicing and asset management solutions to Mereo Insurance Limited, a newly-launched reinsurance firm. Under the agreement, Northern Trust will offer custody services, institutional brokerage solutions, and manage a portion of Mereo's fixed income portfolio, alongside providing cash sweep services. Mereo Insurance, which began operations in the first quarter of 2025, engages in underwriting a broad range of Casualty, Specialty, and Property classes of business from its office in Hamilton, Bermuda. This partnership highlights Northern Trust's commitment to the insurance sector, leveraging its innovative approach and extensive experience to support Mereo's growth and investment objectives.
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