Bermuda based reinsurer PartnerRe has returned a larger amount of capital to investors in its fully-collateralized reinsurance sidecar vehicle Lorenz Re in 2014 than the firm did in 2013, according to its latest results.
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Pressure in the reinsurance market is increasingly moving beyond just pricing and there is now more pressure for the expansion of reinsurance coverage terms and conditions, CEO of reinsurer PartnerRe Costas Miranthis told analysts last week.
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Bermuda based reinsurance firm PartnerRe Ltd. has returned a larger amount of capital to investors in its fully-collateralized reinsurance sidecar vehicle Lorenz Re. PartnerRe’s Q3 report shows that almost $10m has been returned to investors this year.
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Bermuda based reinsurer PartnerRe Ltd. has become the latest to launch a third-party capital management play with the announcement late yesterday of a new reinsurance sidecar called Lorenz Re Ltd. The sidecar, or companion facility as PartnerRe has called it, is a Bermuda domiciled Special Purpose Insurer registered on the 5th February. Lorenz Re has […]
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