Total return reinsurer

Watford Holdings Ltd., the Arch Capital and Highbridge Principal Strategies backed parent to investment oriented or total-return style reinsurance firm Watford Re, has filed for an initial public offering (IPO) on the Nasdaq.

ABR Reinsurance Capital Holdings Ltd. (ABR Re), the total-return or investment oriented reinsurance joint-venture vehicle established by re/insurer Chubb alongside asset manager Blackrock, has hired a new Underwriting Director.

Bermuda domiciled re/insurance, run-off and legacy specialist Enstar Group has partnered with global insurer Allianz SE and investment manager Hillhouse Capital Management to launch a new reinsurer, Enhanzed Reinsurance Ltd. (Enhanzed Re).

Bermuda headquartered, hedge fund backed reinsurance firm Third Point Re is set to return to underwriting property catastrophe reinsurance next year, but this time for its own balance-sheet and as a way to help reduce its combined ratio.

Watford Re, Bermudian specialist re/insurer Arch Capital and asset manager Highbridge Principal Strategies third-party capital backed total-return reinsurance venture, continued its trend towards portfolio growth in the second-quarter, reporting another 15% jump in premiums underwritten.

Crosswinds Re, a total return strategy reinsurance vehicle established by Canadian asset manager Crosswinds Holdings Inc., is set to be dissolved along with the entire Crosswinds venture, as the reinsurer failed to find rates attractive enough at the renewals to underwrite any business.

An initial public offering (IPO) could be on the cards for Watford Re, the third-party capital backed total-return reinsurance venture part-owned by Bermudian specialist re/insurer Arch Capital and asset manager Highbridge Principal Strategies, as its parent holding company said it was evaluating options for a listing.

The premium investment float generated by total return reinsurance vehicle KaylaRe Ltd. continued to grow in the first-quarter, promising an increasing return on the asset side of the reinsurer, but fee income delivered to parent Enstar declined due to lower performance from the ceded business in the period.

Watford Re, the third-party capital backed total-return reinsurance venture part-owned by Bermudian specialist re/insurer Arch Capital and asset manager Highbridge Principal Strategies, started off the year 2018 with a significant jump in premiums underwritten.

Rosh Capital Management, LP is exploring the viability of launching a total return reinsurance platform to be based in Bermuda. The approach will be to integrate a multi-manager asset strategy with both prospective and retrospective underwriting solutions, to meet demand within the current underwriting environment.