Reinsurance News
reinsurance sidecar
SageSure secures $200m in reinsurance through expanded sidecar platform
10th March 2026
SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has closed its second reinsurance sidecar transaction with Seawall Re II Ltd., securing $200 million in capital. Including the debut Seawall Re transaction in July 2025, the SageSure-sponsored sidecar platform has now secured $250 million in less than a year. According to ... Read the full article
Arundo Re successfully renews 157 Re reinsurance sidecar for 2026
27th January 2026
International reinsurer Arundo Re has successfully renewed its 157 Re collateralised reinsurance sidecar, with 157 Re 26 becoming the eighth vintage under the platform, supported once again by Boussard & Gavaudan Investment Management LLP, as well as new investors. The 157 Re sidecar vehicle provides the French reinsurer with an efficient ... Read the full article
QBE Re announces debut $550m casualty sidecar
7th January 2026
QBE Re, the reinsurance division of global insurance group QBE, has completed its debut casualty sidecar, George Street Re, marking its entry into the sidecar market through a fully collateralized quota share reinsurance transaction exceeding $550 million. The George Street Re sidecar, backed by institutional investors Culpeper Capital Partners, Calidris Investment ... Read the full article
MS Amlin renews and grows Phoenix Re sidecar to record $115m for 2026
6th January 2026
Global insurer and reinsurer MS Amlin has announced that Phoenix Re, its Asian-focused insurance-linked securities (ILS) vehicle, has been renewed for 2026 to a record $115 million, an increase of $25 million on 2025. As revealed by our ILS-focused sister publication, Artemis, back on December 24th, 2025, this is the ... Read the full article
Fortitude Re/Carlyle Asia reinsurance sidecar launches with $700m+ in capital
22nd October 2025
Fortitude Carlyle Asia Reinsurance, Ltd. (FCA Re), Fortitude Re’s and Carlyle’s recently launched Asia focused reinsurance sidecar, is commencing operations with more than $700 million in deployable capital, including equity and expected debt capacity. The sidecar is a Class E licensed Bermuda-domiciled reinsurer established to accelerate Fortitude Re’s growth in the ... Read the full article
T&D Holdings invests in new Fortitude Re and Carlyle reinsurance sidecar
21st October 2025
T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (approx. JPY 37.5billion, USD 1 = JPY150.00) to the limited partnership, Carlyle FCA Re, ... Read the full article
ILS market continues to break records: Fitch Ratings
28th August 2025
Insurance linked securities (ILS) capital has continued to break records in 2025, according to a recent report by Fitch Ratings, with catastrophe bonds issuance reaching unprecedented numbers, total alternative capital also hitting a record high, and sidecar growth. A surge in investor interest, both existing players and new entrants, has funnelled ... Read the full article
Enstar launches $300m casualty reinsurance sidecar Scaur Hill Re
26th August 2025
Global legacy re/insurance specialist Enstar has launched Scaur Hill Re Ltd., its first casualty reinsurance sidecar funded by a small group of third-party institutional investors providing $300 million in capacity, as reported by Artemis, our insurance-linked securities (ILS) focused sister publication. The creation of Scaur Hill Re Ltd. is a particular ... Read the full article
F&G partners with reinsurance sidecar backed by $1bn Blackstone capital
7th August 2025
F&G Annuities & Life, Inc. has entered into a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments. Under the agreement, the reinsurer will provide long-term, on-demand growth capital to F&G through a forward flow reinsurance arrangement on a quota ... Read the full article
Ascot & Antares Capital to launch Bermuda-based reinsurance sidecar, Wayfare Re
31st July 2025
Global specialty re/insurance firm Ascot Group Limited and alternative credit manager Antares Capital have partnered to launch Wayfare Reinsurance Limited, a Bermuda-based reinsurance sidecar, together with Canro Re Limited, a Bermuda-based segregated account company (collectively Wayfare Re). Wayfare Re will be capitalised with about $500 million in equity from Antares and ... Read the full article
Ascot & Antares Capital reportedly partnering on $500m reinsurance sidecar Wayfare Re
31st July 2025
Insurer and reinsurer Ascot Group is reportedly partnering with Antares Capital, a private-credit firm, on a $500 million transaction to create a Bermuda-based reinsurance sidecar called Wayfare Reinsurance, according to a report by The Wall Street Journal. It's been reported that the new reinsurance sidecar will be capitalised via equity investments ... Read the full article
Japan Post Insurance invests $2bn in Global Atlantic reinsurance sidecar
30th July 2025
Japan Post Insurance, KKR, and Global Atlantic (a wholly owned subsidiary of KKR) have signed definitive agreements under which Japan Post Insurance will invest $2 billion in a new vehicle sponsored by Global Atlantic, marking the latest milestone in their strategic partnership. Japan Post Insurance’s commitment represents over 50% of the ... Read the full article
SageSure & Anchor Re secure $50m with debut reinsurance sidecar Seawall Re
29th July 2025
SageSure, one of the largest managing general underwriters (MGU) specialising in catastrophe-exposed markets, and Anchor Re, a captive reinsurance vehicle, have successfully secured $50 million of third-party capital with a debut reinsurance sidecar transaction with Seawall Re. This inagural sidecar transaction with Seawall Re, a newly formed Bermuda-based special purpose insurer ... Read the full article
Sutton National & Bamboo complete reinsurance renewal with new sidecar & cat bond
8th April 2025
Property and casualty insurer Sutton National and Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, Ltd., have announced the completion of Bamboo's reinsurance programme, which includes a debut catastrophe bond and the execution and funding of a 2025 sidecar transaction. As listed on our insurance-linked securities (ILS) focused ... Read the full article
Annuity growth drives reinsurance demand and sidecar popularity: AM Best
24th February 2025
Annuities have grown significantly amid rising interest rates, creating a need for additional capital in the reinsurance market, which has led to increased use of reinsurance and the growing popularity of sidecars to manage risk and support larger deals, according to a recent report by AM Best. The annuity growth has ... Read the full article
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