Reinsurance News

Corinthian Re

Corinthian agrees investor terms for funds to replace Vesttoo-linked LOC collateral

1st August 2023

Specialty non-catastrophe focused collateralized P&C reinsurer, Corinthian Group, has agreed to terms on a letter of intent (LOI) with a large investor for funds of up to $200 million to replace letter of credit (LOC) collateral linked to insurtech Vesttoo. The terms of the LOI have been agreed by all parties ... Read the full article

Corinthian says could take months to resolve Vesttoo collateral investigation

28th July 2023

Corinthian Group, the specialty non-catastrophe focused collateralized P&C reinsurance firm, has said that it could take quite some time to resolve any criminal investigation into the Vesttoo collateral issue, and that while the exact details surrounding allegedly fraudulent letters of credit (LOC) remains unclear, the firm is operating under the ... Read the full article

Corinthian Re partners with Alfa Romeo F1 Team Stake

22nd February 2023

Corinthian Re, a specialty collateralised reinsurance company, has become the latest partner of Alfa Romeo F1 Team Stake as it prepares for a "record-breaking" 2023 Formula One season. According to the announcement, the partnership will bring together two outfits based on a common aim for efficiency, as well as for delivering ... Read the full article

Tech and human intelligence in re/insurance should work as a “marriage”: Collins, Corinthian Re

18th November 2022

The role that technology plays in the re/insurance industry is increasing and this is happening at a time when market participants are striving for greater efficiency, in an effort to both lower costs and remain relevant in an evolving sector. For Christopher Collins, CEO of Corinthian Re, there needs to be ... Read the full article

Reinsurance growth to persist as market evolution sees segregation and risk decoupling: Corinthian Re

10th November 2022

The segregation of different areas of expertise within issuing carriers and the decoupling of risk is a trend that will accelerate in the reinsurance industry as it is cost effective and gives consumers and investors more opportunity, according to Christopher Collins, CEO of Corinthian Re. This is where the market is ... Read the full article

Vesttoo & Corinthian Re launch non-catastrophe insurance investment-grade fund

9th February 2022

Alternative Reinsurance and Investment platform, Vesttoo, has partnered with Corinthian Re to launch VESCOR, which will offer the world's first non-catastrophe insurance investment-grade feeder fund. The new strategic partnership has been designed to offer institutional investors rated notes securitising "dozens" of underlying property and casualty (P&C) reinsurance transactions. The pair explained that ... Read the full article