Darren Redhead has named his reinsurance start-up Perren Re, having firmed up capital of $300mn-$500mn from two investors including a large endowment fund and a PE house in New York, sources have told this publication.
The
Redhead moves ahead with estimated $300mn-$500mn for 1.1 start-up Perren Re
The firm is understood to be reviewing contracts to bind coverage for 1 January.