Martello Re
Highly Engaged Employees
Insurance · Bermuda · 51-200 Employees
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Overview
Headquarters
12 Church St, Hamilton, Hamilton city, B...Website
www.martellore.comRevenue
$65.4 MillionIndustry
About Martello Re
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Private Equity
$935M
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Martello Re News & Media
Martello Re announces closing of $1.3 billion capital raise consisting of $935 million in equity and a $360 million upsize of the Company's credit facility
Capital raised enables Martello Re to continue execution of long-term strategy to build the premier asset-intensive reinsurer supporting top-tier insurers in the US and globally HAMILTON, Bermuda and CHARLOTTE, N.C., July 23, 2024 /PRNewswire/ -- Martello Re Limited ("Martello Re") announced today the successful closing of a second round of equity funding, raising $935 million of equity commitments from existing and new shareholders, which exceeds an initial $800 million target set at launch of
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Frequently Asked Questions Regarding Martello Re
Martello Re is a newly-launched life and annuity reinsurer. The company's mission is to help insurers grow their businesses profitably and consistently, while ensuring they are well-positioned to deliver on all of their promises to policyholders. Through a commitment to exceptional financial strength, customized solutions, and unique investment cap... Read More