Olympus Re


One of the first reinsurance sidecars, Olympus Re, to be wound up

The Olympus Re reinsurance quota share sidecar vehicle is being wound up, a report says. The third-party capital backed collateralized reinsurance vehicle faced serious losses from the 2004/2005 hurricane season and never fully recovered. Founded in 2001 at a time when the catastrophe reinsurance market was seen as buoyant and full read the full article →