WRB cedes $139mn of written premiums to Lifson Re sidecar
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WRB cedes $139mn of written premiums to Lifson Re sidecar

WR Berkley (WRB) ceded around $139mn of written premiums to its Lifson Re sidecar in H1 2021 after the firm launched the Bermuda sidecar at the end of 2020.

The vehicle was capitalised with equity of $250mn from a group of unnamed investors.

It participates on a fully collateralised basis in a majority of the company’s reinsurance placements, providing a 22.5%

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