Reinsurance News
Northern Re
Northern Re eyes larger, more complex opportunities with expanded capital base
25th February 2026
Technology-enabled reinsurance firm Northern Re has revealed a $150 million increase in committed capital, bringing total platform capacity to $325 million, supported by both new and existing investors. With platform development beginning in 2020 and the company formally launching in 2022, Northern Re entered the collateralised reinsurance and insurance-linked securities ... Read the full article
Northern Re launches structured reinsurance solutions portfolio
1st September 2025
Northern Re, a reinsurance firm focused on long-tail casualty business, has announced the launch of its structured solutions product suite and enhanced whole account quota share capabilities. The products have been created to address complex cedent needs - those seeking capital relief, earnings stability, and multi-year continuity - beyond traditional quota ... Read the full article
Northern Re total capitalisation reaches $175m with latest $100m investment
29th April 2025
Northern Re, a reinsurance firm focused on long-tail casualty business, has announced it has successfully secured an additional $100 million in committed capital. This significant financial boost comes from a mix of both new and existing institutional investors, more than doubling the company’s total capitalisation to $175 million The substantial injection of ... Read the full article
Northern Re appoints Munich Re’s Amin Touahri to build ILS and capital solutions
14th January 2025
Cayman Island-domiciled Northern Re, a reinsurance firm focused on long-tail casualty business, has appointed Munich Re's Amin Touahri to advance the firm's initiatives in insurance-linked securities (ILS), capital solutions, and deal origination. Most recently, Touahri served as the Head of Department at HSB (Hartford Steam Boiler) where he was instrumental in ... Read the full article
Casualty market to remain disciplined through the end of 2025: Northern Re
8th July 2024
Anthony McKelvy, co-founder and Managing Partner of Cayman Islands-based Northern Re, anticipates the casualty market to remain disciplined through the end of 2025, adding that the multiple years of significant positive rate increases were necessary to address not only the elevated inflationary environment but also the lengthening of claim development ... Read the full article
Northern Re partners with Jaffa for asset management
25th June 2024
Northern Re, a reinsurance firm focused on long-tail casualty business, has announced an asset management partnership with Jaffa Capital Management, LLC, an insurance and reinsurance investment manager. Through this partnership Northern will have access to Jaffa’s expertise in fixed income, guided by investing and insurance veterans Mark Zarkhin and Nathan Lord, ... Read the full article
Northern Re sees strong start to operations amid warm welcome from market
21st June 2024
Cayman Islands-based Northern Re has enjoyed a strong start to its operations, receiving a "very warm welcome" from the market in 2023, and anticipates that conditions will continue to improve into 2025, driven by the ongoing growth trajectory of the MGA and program markets. Northern Re's comments stem from an interview ... Read the full article
Vincent Pomo joins Northern Re as CUO
30th April 2024
New York and Cayman-based Northern Reinsurance has hired former Everest employee Vincent Pomo as Chief Underwriting Officer (CUO), effective April 29, 2024. An experienced veteran across the sector, Pomo brings over 15 years of experience towards his new role. He rose through the ranks at Everest in a relatively short space of ... Read the full article
Northern Re triples committed capital with additional $50m of funding
28th November 2023
New York and Cayman-based Northern Reinsurance has successfully tripled its committed capital by securing an additional $50 million of funding, bringing the total to $75 million. According to Northern Re, the proceeds will enable it to capitalise on favourable market conditions, also providing it with an opportunity to expand its partnerships ... Read the full article
Northern Re launches as Caymans collateralized reinsurer
18th April 2023
Cayman Islands-based Northern Reinsurance has announced its launch as a new collateralized reinsurance company, with an initial capitalisation of $25 million provided by a private investment group. This tranche of capital comes as the first of a multi-phase process through which Northern plans facilitate its growth, which will focus on helping ... Read the full article
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