The Harambee Re collateralized reinsurance sidecar vehicle has been renewed for the 2018 underwriting year for international specialty insurance and reinsurance firm Argo Group, as it continues to leverage the capital markets to augment its capacity.
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The Harambee Re collateralized sidecar has been renewed for 2015, by international specialty insurance and reinsurance group Argo. This year Argo has changed its sidecar strategy, as Harambee 2015 will only feature reinsurance business.
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International specialty insurance and reinsurance company Argo Group International Holdings has renewed its fully-collateralized reinsurance sidecar, Harambee Re, for the 2014 underwriting year, according to an announcement from the firm.
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The latest insurer or reinsurer to express an appetite for moving further into the area of the reinsurance market where managing money from third-party investors to put to work underwriting becomes a significant part of a reinsurers business is international insurer and reinsurer Argo Group. The firm recently launched its first sidecar, an innovative Bermuda […]
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International insurer and reinsurer Argo Group has announced the launch of a sidecar with a difference today. Argo has established Harambee Re 2013-1 Ltd., a Bermuda domiciled sidecar vehicle, which will provide capacity for the 2013 accident year. It is the first time Argo Group have launched a sidecar, expanding its use of collateralized capacity […]
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