Martello Re reportedly targeting around $800m of new equity

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Reinsurance News - May 22, 2024

Bermuda-domiciled life and annuity reinsurance company Martello Re is deliberating on raising at least $800 million of new equity, as per a new report from Bloomberg. Citing people with knowledge of the matter, Bloomberg’s report noted that Martello Re has commitments from new and existing inv...

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