Reinsurance News

Essent Reinsurance

Essent secures over $424mn of mortgage reinsurance protection from capital markets

15th March 2018

Mortgage insurance firm Essent Group is likely to secure over $424 million of reinsurance protection from the capital markets, via three tranches of 10-year mortgage insurance-linked notes issued by a newly established Bermuda special purpose insurer, Radnor Re 2018-1 Ltd. Under the transaction, Essent Guaranty, an Essent Group subsidiary, will receive ... Read the full article

JLT Re brings Essent Re and U.S. reinsurer together in mortgage risk sharing deal

22nd March 2017

JLT Re Global Mortgage Solutions, a division of JLT Re, has announced the successful negotiation of a public-private partnership advisory risk sharing transaction which will see the reinsurer deliver Government Sponsored Enterprise (GSE) risk expertise to a U.S. reinsurer working together with Essent Reinsurance. The reinsurer said the GSE’s mandate to reduce ... Read the full article