Bouy

• Guy Carpenter being involved
• Get a meeting with S&P (through ITEG)
• Unclear rationale why S&P setting up Bouy
• No sub-delegation to underwrite individual MGA as must have for Axeria
• Awaiting feedback from Swiss Re and Bouy
  • Feedback from Bouy not convincing
  • To be dropped
  • Try to get in touch with S&P (call scheduled through the Danish guy)