Harambee Re 2013-1 Ltd.

The Artemis Collateralized Reinsurance Sidecar Directory provides information on fully-collateralized reinsurance sidecar vehicles established to enable third-party investors to share in the returns of insurance or reinsurance business.

Unsure what a reinsurance sidecar is? Read our explanation here: What is a reinsurance sidecar?

Harambee Re 2013-1 Ltd. sidecar snapshot

  • Reinsurance sidecar: Harambee Re 2013-1 Ltd.
  • Sponsor: Argo Group
  • Launched: January 2013
  • Latest size: ?

Harambee Re 2013-1 Ltd. sidecar details

Established to provide capacity for the 2013 accident year, Argo Group launched its Bermuda domiciled fully-collateralized reinsurance sidecar vehicle, Harambee Re 2013-1 Ltd., in January 2013.

According to Argo Group, its Harambee Re 2013-1 Ltd. sidecar differs from other sidecar facilities in the market, as it provides capacity for an insurance portfolio as well as a reinsurance portfolio of business.

Following the success of its sidecar vehicle Argo Group renewed the Harambee Re platform the following year, but under a different registration. Details of further Harambee Re sidecar issuances from Argo Group can be found here.

Go back to the Artemis Collateralized Reinsurance Sidecar Directory.