Former RenRe exec Carr gearing up to launch Lloyd’s syndicate Oak Re
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Former RenRe exec Carr gearing up to launch Lloyd’s syndicate Oak Re

Evercore is leading the capital raise process and Aon is assisting with the Lloyd’s application process.

By Adam McNestrie Liz Bury Stephanie Baxter
June 24, 2024
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Ex-RenaissanceRe Europe CUO Cathal Carr is working to establish a £500mn+ start-up carrier in Lloyd’s, dubbed Oak Reinsurance, with the aim of putting lines down at 1 January 2025, Insurance Insider can reveal.

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