Altair Re

ACE Limited, one of the world’s largest multiline property casualty insurance and reinsurance groups, has announced the launch of its second Altair branded fully-collateralized reinsurance sidecar, named Altair Re II.

The latest company to show its third-party reinsurance capital management ambitions by launching a sidecar is ACE Limited. ACE, one of the world’s largest multiline property casualty insurance and reinsurance groups, has announced the formation of a special purpose vehicle called Altair Re, which is capitalised to the tune of $95m and will be used […]