Sidecars
-
Sources said that the carrier has held preliminary talks with private debt investors. -
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
-
Ryan Alternative Capital Re was launched in partnership with Axis Capital.
-
The vehicle will support Ascot’s casualty business in the US and Bermuda.
-
The Bermuda SPI will write a quota share of SageSure’s captive Anchor Re.
-
Fox highlighted the increasing role of alternative capital and creative financial vehicles.
-
The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
-
The program will provide excess casualty coverage across a broad range of industries.
-
Trouvaille II raised $580mn for 2025, compared to $325mn in 2024.
-
Total reinsurer capital grew by $45bn in 2024 to $715bn.
-
The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
-
Multiple reinsurance brokers have pitched the firm for sidecars.
