Alturas Re Ltd

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AXIS Re hires Busti as President NA, names Romeo Head of Property Bermuda

Axis Re, the reinsurance arm of global re/insurer AXIS Capital Holdings Limited, has hired Jason Busti from Swiss Re and appointed him as its new President, North America.Busti fills a hole left in the AXIS Re leadership team in the United States, after Jon Colello left the firm to move read the full article →

AXIS Capital in new $39m Alturas Re sidecar issuance

AXIS Capital, the global specialist re/insurer headquartered in Bermuda, has added another tranche of notes to its collateralised reinsurance sidecar vehicle Alturas Re Ltd., sponsoring a $39 million issuance, the third from the sidecar for 2019, we can reveal.In total this takes the amount of capital backing AXIS Capital's Alturas read the full article →

AXIS takes Alturas Re sidecar to $130m with reinsurance tranche

AXIS Capital, the Bermuda-headquartered global re/insurer, has increased the size of its new Alturas Re Ltd. collateralised re/insurance sidecar to $130 million for 2019, with the issuance of a second tranche of notes which we understand to be reinsurance focused.The first $55 million tranche of notes were issued by the read the full article →

Alturas Re sidecar launched at $55m for AXIS Capital

Alturas Re Ltd., a new fully collateralised reinsurance sidecar vehicle, has been launched and successfully capitalised to the tune of $55 million, which will benefit the sponsor of the vehicle re/insurer AXIS Capital.Alturas Re Ltd. was registered as a Bermuda based special purpose insurer in November and was marketed to read the full article →