Bamboo Expands Greenshoots Re Sidecar Facility to $175 Million
Bamboo Ide8 Insurance Services has expanded its Greenshoots Re sidecar facility by adding a fourth fronting carrier, increasing the total capacity to approximately $175 million. The multi-year collateralized reinsurance supports Bamboo's California admitted program with MS Transverse and provides durable underwriting cycle support.
Topics: capital raising collateralized capacity reinsurance sidecar transaction