Ariel Re

Ariel Re, the Bermuda headquartered global reinsurance firm, has promoted its head of platform development Tim Shreeve to the role of Chief Commercial Officer (CCO).

Global reinsurance company Ariel Re continues to seek new and efficient ways to enhance its capital-base, with the latest example a $270 million raise to support 2023 expansion, $170 million of which is channelled via Lloyd’s London Bridge 2 PCC insurance-linked securities (ILS) structure.

Bermuda-headquartered international reinsurance company, Ariel Re, is to provide insurance to backstop comprehensive performance guarantees for recyclers owned by Ecogensus, a technology-focused provider of sustainable waste management solutions.

Ariel Re, the Bermuda-headquartered international reinsurance company, has announced an upsized commitment from Warren Buffett’s giant conglomerate Berkshire Hathaway, with an investment and quota share arrangement expected to drive further growth.

Investment bank Goldman Sachs has announced the closing of the private offering of shares in its reinsurance group, completing the sale process of a majority stake in the business. The private offering saw shares offered in the Global Atlantic Financial Group, which was formerly known as the Goldman Sachs Reinsurance Group and it includes the […]

According to a report in the Financial Times, Goldman Sachs has completed the sale of 75% of its reinsurance operations, Ariel Re, to investors through a private placement. Goldman Sachs only bought Ariel Re last year in an effort to profit more from reinsurance premiums and diversify away from its core investment banking business, but […]