The Baldwin Group signs $110m note purchase agreement for insurance exchange

Share!

Reinsurance News - Mar 26, 2025

The Baldwin Group’s reciprocal insurance exchange, Builder Reciprocal Insurance Exchange (BRIE), has entered into a note purchase agreement to raise $110 million of surplus financing through the issuance of surplus debentures (the notes). BRIE, Baldwin’s soon-to-launch reciprocal insuran...

Read Full Article

Recommended Articles

Bernhard Kaufmann to succeed Patrick Raaflaub as Swiss Re CRO

Posted: Apr 22, 2025

Industry giant Swiss Re has appointed Helvetia’s Bernhard Kaufmann to succeed Patrick Raaflaub...

Reinsurance market finds balance in 2024, Arundo Re sees continued growth

Posted: Apr 22, 2025

The “gradual easing of the hard market” in 2024 led to an improvement for reinsurers, though less pr...

DUAL North America appoints Cameron Conboy EVP of Flood

Posted: Apr 22, 2025

DUAL North America has announced it is strengthening its flood insurance leadership with the appoint...