June 4, 2009
Meg Green
Best’s Insurance News
HAMILTON, Bermuda (BestWire) – Private equity firm Cartesian Capital Group has launched a new Bermuda reinsurance company that will primarily write industry loss warranties and has teamed up with Aspen Insurance Holdings Ltd. to launch a new investment fund focused on industry-linked securities.
Iris Reinsurance Ltd. is a class 3 Bermuda reinsurer and will write ILWs to cover a wide spectrum of catastrophic perils globally.