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….
Category: Press Releases
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….
Eric Lloyd joins Martello Re’s Board of Directors
Martello Re Limited (“Martello Re”) today announced the appointment of Eric Lloyd, President of Barings, to the company’s Board of Directors, effective immediately….
Michael Baumstein joins Martello Re as CIO/CFO
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….