Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

Lorenz Re

The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.


Lorenz Re sidecar snapshot

  • Reinsurance sidecar: Lorenz Re
  • Sponsor: PartnerRe
  • Launched: March 2013
  • Latest size: $84m (as at July 2015)

Lorenz Re sidecar details

The Lorenz Re sidecar was launched by Bermudian reinsurer PartnerRe in March 2013, with an initial size of $75m. At launch, PartnerRe described Lorenz Re as a companion facility and it was registered as a Bermuda domiciled Special Purpose Insurer (SPI) on February 5th, 2013. Described as a multi-year SPI facility that will enable PartnerRe to participate in the investor backed collateralized reinsurance market on a flexible, semi-permanent basis, Lorenz Re aims to be more than an opportunistic sidecar vehicle.

As of July 2015 a strategic change in direction saw the Lorenz Re SPI move away from its launch status as a purely fully-collateralized reinsurance sidecar to be used for its segregated account status. As a result, the Lorenz Re SPI now manages $134m of third-party investor capital via two segregated cells.

The sidecar, known internally as LRE 2015 now manages $84m of third-party capital, with the remaining $50m relating to a U.S. agricultural reinsurance deal which is 100% capitalised by third-party investors within two segregated cells named Demeter A and B.

Go back to the Artemis Collateralized Reinsurance Sidecar Directory.

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.