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OneTitle National Guaranty secures facultative reinsurance deal

OneTitleNational Guaranty Co. Inc. has inked an automatic facultativereinsurance agreement with an unnamed global reinsurer.

The agreement provides direct, life-of-policy reinsurance coverageon all OneTitle policies, including both large and small commercial andresidential transactions, for all losses in excess of $250,000.

The company earlier in 2016 secured an additional $14million capital commitment led by White Mountains Insurance Group Ltd. In 2015, WhiteMountains agreed toinvest up to $13 million in OneTitle and pick up a minority stake in thecompany.