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AM Best Assigns Credit Ratings to Martello Re Limited

Posted on August 13, 2024 (August 13, 2024)

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Martello Re Limited (Martello Re) (Hamilton, Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable….

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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

Posted on July 23, 2024 (July 23, 2024)

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….

Posted in News, Press Releases

Eric Lloyd joins Martello Re’s Board of Directors

Posted on July 25, 2023 (March 7, 2024)

Martello Re Limited (“Martello Re”) today announced the appointment of Eric Lloyd, President of Barings, to the company’s Board of Directors, effective immediately….

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Michael Baumstein joins Martello Re as CIO/CFO

Posted on July 6, 2023 (March 8, 2024)

Martello Re Limited (“Martello Re”) today announced the appointment of Michael Baumstein as the company’s Chief Investment Officer and Chief Financial Officer, effective immediately….

Posted in News, Press Releases

Martello Re completes initial reinsurance transaction with MassMutual and announces senior leadership team

Posted on March 1, 2022 (March 7, 2024)

HAMILTON, Bermuda, March 1, 2022 – Martello Re Limited (“Martello Re”), a newly-created life and annuity reinsurer, announced today that the…

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