Everest Group and Stone Point Launch Annapurna Re Casualty Sidecar
Everest Group, in partnership with Stone Point Insurance Solutions, has launched a Bermuda-domiciled casualty reinsurance sidecar named Annapurna Re. The vehicle aims to deploy $600 million over three years into Everest's global casualty and specialty portfolios, leveraging third-party capital managed by Stone Point funds.
Topics: capital deployment reinsurance strategic partnership