HSCM among backers of $1.7bn MassMutual-linked life reinsurer launch
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HSCM among backers of $1.7bn MassMutual-linked life reinsurer launch

Martello Re logo Bermuda with Ho.jpg
Dennis Ho

Massachusetts Mutual Life Insurance Company (MassMutual) and other investors including ILS firm Hudson Structured Capital Management have backed the $1.65bn launch of a new life reinsurer, Martello Re.

Centerbridge Partners and Brown Brothers Harriman were among the other major backers of the firm.

Martello Re will start by focusing on reinsuring MassMutual and its subsidiaries and will “selectively” offer to reinsure other top insurers in the life and...

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