Sirius Capital Markets

Sirius Capital Markets LLC, the ILS and third-party reinsurance capital asset management arm of White Mountains Insurance Group, Ltd., is no longer raising third party capital for its first ILS fund and instead switching its focus to accessing third party capital through strategic partnerships such as pro rata facilities.

Sirius Capital Markets LLC, the newly formed insurance-linked securities (ILS) and third-party reinsurance capital asset management arm of White Mountains Insurance Group, Ltd., is preparing to launch its first ILS fund later this year and to raise capital from external investors.