Reinsurance News
Castlelake
Fidelis MGU and Castlelake create new aviation-focused MGA
12th October 2023
Global, aviation-focused alternative investment manager, Castlelake and Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of Fidelis MGU, have announced the creation of a new aviation-focused MGA. Itasca MGA will specialise in underwriting, structuring and managing risk associated with secured commercial aviation financing on behalf of ... Read the full article
Castlelake’s Itasca Re provides reinsurance to Turkish Airlines for three aircrafts
26th July 2023
Itasca Re, a Bermuda-licensed reinsurance company created by Castlelake, has provided Turkish Airlines reinsurance for aircraft non-payment insurance (ANPI) in respect of financial leasing of three A321neo aircraft to Turkish Airlines. According to the announcement, the reinsurance policy is secured by three 2023 vintage A321neo aircraft, each powered by two PW1133GA-JM ... Read the full article
Aviation-focused investment manager Castlelake launches Bermuda reinsurer, Itasca Re
16th January 2023
Global, aviation-focused alternative investment manager, Castlelake, L.P., has established Itasca Re Limited in Bermuda, a new reinsurance company designed to provide insurance financing solutions to both buyers and owners of commercial aircraft assets. Castlelake specialises in asset-backed private credit, and has 17 years of experience investing in, financing, and managing aviation ... Read the full article





