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Flagstone Re to relocate to Luxembourg
22 March 2010
Reinsurance firm Flagstone Reinsurance Holdings today announced its intention to change the company’s place of incorporation from Bermuda to Luxembourg.
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Flagstone Reinsurance Holdings
Reinsurance firm Flagstone Reinsurance Holdings today announced its intention to change the company’s place of incorporation from Bermuda to Luxembourg.
If approved by shareholders, and subject to certain regulatory approvals and the satisfaction of other conditions, Flagstone expects the redomestication to take place over the next several months.
“After careful consideration of this decision, our board of directors and management team believe that changing Flagstone’s place of incorporation to Luxembourg is in the best interests of the company and its shareholders,” said David Brown, Flagstone’s chief...
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