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International

TransRe sidecar assets grow to $500 million

February 27, 2017 Reprints

A sidecar operated by TransRe Capital Partners, a unit of U.S.-based Transatlantic Reinsurance Co. Inc., has grown to $500 million, Pangaea Reinsurance Ltd., Artemis.bm reports. "TransRe … places a significant amount of business through retrocessions with third-party capital providers," said Weston Hicks, president of U.S.-based property/casualty insurer and reinsurer Allegheny Corp., TransRe's parent.

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TransRe sidecar assets grow to $500 million

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