Swiss Re Insurance-Linked Fund Management

Xactanalysis Insights and PCS

Puma Capital

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.


Puma Capital sidecar snapshot

  • Reinsurance sidecar: Puma Capital
  • Sponsor: Bridge Re/AHJ
  • Launched: May 2007
  • Latest size: $182.5m (as at April 2008)

Puma Capital sidecar details

Puma Capital was launched in 2007 with a capital base of $182.5m, designed with a three-year duration. Issued by Bermudian reinsurer Bridge Re, which is wholly owned by investment bank Dresdner Kleinwort, the reinsurance sidecar vehicle subsequently closed a year later, in April 2008, owing to weaker market conditions.

The vehicle was launched to enable Bridge Re to write fully-collateralized worldwide property catastrophe retrocession cover, and was brokered by London market broker, Alwen Hough Johnson Ltd (AHJ)

Go back to the Artemis Collateralized Reinsurance Sidecar Directory.

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