Montpelier Re

Blue Capital Global Reinsurance Fund Limited, the newly launched reinsurance and retrocessional linked investment fund from reinsurer Montpelier Re, has successfully closed its first placement and offering of shares. The initial share offering has raised its target amount of $100.1m, through the successful issuance of 100.1 million Ordinary Shares at a price of $1.00 each, it […]

Montpelier Re’s planned reinsurance and retrocessional linked investment fund, Blue Capital Global Reinsurance Fund Limited, is getting closer to launch with the publication today of a listing announcement and prospectus for its first public share offering. As we wrote three weeks ago, the Bermudian reinsurer has been planning to launch a fund based collateralized reinsurance […]

There are interesting rumours floating around the market today after the Bermuda Royal Gazette said in this article that reinsurer Montpelier Re is planning to launch a London listed retrocessional reinsurance investment fund. The article from the Gazette suggests that Montpelier Re are very close to launching the listed fund vehicle which will be called […]

Torus and Montpelier Reinsurance have entered into an agreement which will see Torus sell the renewal rights to its property catastrophe reinsurance book of business to Montpelier Re with immediate effect. Torus will continue to participate in the catastrophe reinsurance space but purely as a sidecar providing capacity to Montpelier Re.