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
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
Artemis has realized that world reinsurance firm Hannover Re is assessing its danger administration want in relation to the Ok-Cessions quota share sidecar for the second 12 months working and we’re informed different main reinsurers might also pursue this method, as firms handle their portfolios and are motivated to retain worthwhile dangers.Reinsurance sidecars are core … Read more
