Southport Lane

Private equity backed Cayman domiciled reinsurer Southport Re, which writes much of the reinsurance coverage it provides on a fully collateralized basis, is being acquired by financial services investors Lennox Investments LLC.

Private equity backed reinsurer Southport Re, which writes much of the reinsurance coverage it provides on a fully collateralized basis, has announced the hire of Brandon Young as Chief Operating Officer of the reinsurer and also Senior Vice President of its parent private equity firm Southport Lane.

Private equity firm backed reinsurer Southport Re, which writes much of the reinsurance coverage it provides on a fully collateralized basis’, has made the Cayman Islands into its home after taking advantage of recent changes to the jurisdiction’s insurance laws and changing its company classification.