Reinsurance News
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
Calidris marks market entry with sidecar transaction and leadership expansion
22nd January 2026
Calidris Investment Partners, a Bermuda-based investment manager specialising in the insurance sector, has announced its market entry with the successful completion of its inaugural insurance sidecar transaction and the expansion of its senior leadership team. The firm, which is backed by Redbird Capital Partners, served as lead investor in the launch ... Read the full article
Hochberg to lead newly launched Guy Carpenter global Sidecar Center of Excellence
8th January 2026
Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has announced the launch of its global Sidecar Center of Excellence (COE), to be led by Ed Hochberg. The COE has been designed to provide clients with dedicated resources and holistic solutions to better manage their capital, volatility, ... 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
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
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
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
MS Amlin completes Phoenix Re sidecar renewal, lifts capacity to $90m for 2025
29th January 2025
Insurer and reinsurer MS Amlin has renewed its Asian-focused insurance-linked securities (ILS) sidecar, Phoenix Re, for the fifth consecutive year, increasing the available collateralised capacity to over $90 million, the company has announced. The Phoenix Re sidecar vehicle provides the re/insurer with quota share support for its reinsurance book in Asia ... Read the full article
Artemis Live: Capital markets structures for originators webinar – Watch the full replay
17th December 2024
Artemis, our insurance-linked securities (ILS) focused sister publication, has now published the full replay of its live webinar on the use of alternative capital sources by originators of insurance risk, which was held on November 21st, 2024, in association with Artex Capital Solutions. More than 830 people registered ... Read the full article
Allianz launches life reinsurance sidecar Sconset Re
10th December 2024
Global insurer Allianz has established a new independent strategic reinsurance platform called Sconset Re Ltd., which will be capitalized through equity investments from high-quality institutional partners. Located in Bermuda, Sconset Re will specialise in assuming Fixed Indexed Annuity product risk and its asset management, and will aim to deliver more efficient ... Read the full article
Register for Artemis’ live webinar on the use of alternative capital sources by originators of risk
22nd October 2024
Artemis, our insurance-linked securities (ILS) focused sister publication, has partnered with Artex Capital Solutions, the specialist unit of Artex Risk Solutions that creates and manages ILS and related structures, to host a live webinar on the use of alternative capital sources by originators of insurance risk. This ... Read the full article
MS Amlin’s Phoenix sidecar a stable investment opportunity: William Ho
16th October 2024
Chief Executive Officer (CEO) of MS Amlin Asia Pacific, William Ho, in a recent video interview with our insurance-linked securities (ILS) focused sister publication, Artemis, discussed the re/insurer's series of Phoenix sidecar transactions. After renewing a quota share arrangement via reinsurance sidecar vehicle Phoenix 2 Re Pte. Ltd., ... Read the full article
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