AdVantage Retro I Ltd

Rating agency AM Best has said that use of the AdVantage collateralized insurer class of company has helped Bermuda headquartered insurance and reinsurance firm Vantage Group to become more profitable, while also driving a source of accretive income.

Vantage Risk, the Bermuda headquartered insurance and reinsurance company, has plans to leverage third-party capital in a broader set of underwriting lines in future and now with over $1.5 billion of capital to deploy using its AdVantage collateralized insurer class of company, 2024 could be the year it expands into non-cat risk, Chris McKeown told […]

Vantage Risk, the Bermuda headquartered insurance and reinsurance company, has made two leadership adjustments of relevance to the firm’s insurance-linked securities (ILS) strategy under its AdVantage collateralized insurer.

Rating agency AM Best has cited Vantage Risk’s insurance-linked securities (ILS) strategy, of moving catastrophe risk off its balance-sheet with the backing of third-party investor capital, as positive and able to drive income and reduce volatility.

Vantage Risk, the Bermuda headquartered insurance and reinsurance company, has put together close to $1 billion of capital for deployment into property catastrophe reinsurance opportunities around the 1/1 2023 renewals, using its AdVantage collateralized insurer class of company.

In working with third-party capital investors, Vantage Risk Ltd., the almost two year’s old Bermuda headquartered insurance and reinsurance company, sees it as important to help mitigate challenges investors have faced with traditional ILS products.

Vantage Risk, the insurance and reinsurance start-up launched by industry veterans Greg Hendrick and Dinos Iordanou, has established its first insurance-linked securities (ILS) vehicle in Bermuda, a collateralized insurer class company named AdVantage Retro I Ltd.