Lifson Re Ltd

In launching its first collateralized reinsurance sidecar vehicle and engaging with third-party investors on the recently announced Lifson Re Ltd. launch transaction, Rob Berkley – President and CEO of W. R. Berkley noted the importance of a “shared sense of obligation and duty to capital.”

Insurance holding company W. R. Berkley Corporation has launched its first foray into third-party reinsurance capital management with the set-up of a Bermuda based special purpose insurer (ILS) named Lifson Re Ltd. that will act as a kind of P&C reinsurance sidecar structure for the company.