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Neuberger Berman ILS raised $19.23m from recent NB Re share issuance

Neuberger Berman's Insurance-Linked Strategies team raised a total of $19.23 million from the recent listed share issuance from its NB Reinsurance Ltd. Bermuda domiciled Class 3 reinsurance vehicle.As we reported yesterday, NB Reinsurance Ltd., which is operated by global asset manager Neuberger Berman’s insurance-linked securities (ILS) unit, completed a new read the full article →

Neuberger Berman in new NB Re share issuance, likely to support capital raise

The NB Reinsurance Ltd., the Class 3 reinsurer of global asset manager Neuberger Berman's insurance-linked securities (ILS) operations, has completed a new issuance of shares which are likely to support new capital raising activities.The Bermuda domiciled reinsurance vehicle NB Reinsurance Ltd. was first launched in 2009 as Iris Reinsurance Ltd., read the full article →