sidecar

White Mountains reports less income from Outrigger Re sidecar in 2024 amid elevated catastrophes – Go Health Pro

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White Mountains reports less income from Outrigger Re sidecar in 2024 amid elevated catastrophes – Go Health Pro

White Mountains has reported that for full year 2024, its investment into the Outrigger Re collateralized reinsurance sidecar, which supports its property and casualty insurance and reinsurance subsidiary Ark, delivered income of $46 million, down 33% on 2023 as catastrophe losses had a far greater impact.As we’ve discussed previously, White Mountains total commitment toward the … Read more

Ruby Re life reinsurance sidecar fees already meaningful: RGA execs – Go Health Pro

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Ruby Re life reinsurance sidecar fees already meaningful: RGA execs – Go Health Pro

According to senior executives at Reinsurance Group of America (RGA), the fee income flowing to the company from its third-party capitalised Ruby Re life reinsurance sidecar is already meaningful and while a new transaction was ceded to the sidecar in Q3 last year, the structure still had around two-thirds of its capital and capacity left … Read more

W. R. Berkley’s premium cessions to Lifson Re sidecar caught up a bit in Q3 – Go Health Pro

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W. R. Berkley’s premium cessions to Lifson Re sidecar caught up a bit in Q3 – Go Health Pro

Having seen the volume of premiums ceded to its Lifson Re collateralized reinsurance sidecar shrink during the first-half of this year, US headquartered insurance holding company W. R. Berkley Corporation caught up a little through the third-quarter, suggesting a change in timing may have driven part of the H1 decline seen.As a reminder, we reported … Read more

RGA’s Ruby Re life reinsurance sidecar raises total capital of $480m after second funding round – Go Health Pro

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Ruby Re life reinsurance sidecar fees already meaningful: RGA execs – Go Health Pro

Ruby Re, Reinsurance Group of America’s (RGA) third-party life reinsurance sidecar, has now raised a total of $480 million in capital following the close of its second funding round, which is near the upper limit of the $400 million to $500 million target range for the Missouri-domiciled vehicle.Launched in December 2023 with backing from a … Read more

Phoenix sidecar – Challenges the norm, delivers for investors: William Ho, MS Amlin Asia Pacific – Go Health Pro

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Phoenix sidecar – Challenges the norm, delivers for investors: William Ho, MS Amlin Asia Pacific – Go Health Pro

Speaking with Artemis in a recent video interview, William Ho, the CEO of MS Amlin Asia Pacific, discussed the innovative Phoenix sidecar series of deals and explained that these challenged the norm of what is typically seen in insurance-linked securities (ILS) and the product has delivered for its investors.Our latest Artemis Live video interview is … Read more

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