Bermuda-based Blue Capital Re, which offers collateralised reinsurance in the property cat space, has registered its intent to make an IPO with the US Securities and Exchange Commission.
Blue Capital is a subsidiary of cat specialist, Montpelier Re.
Through the IPO Blue Capital is likely to look to take advantage of rising investor interest in the collateralised and cat reinsurance space.
The number of shares and their price is yet to be determined. Deutsche Bank Securities will act as book-runner on the deal.
12 April 2024 Fidelis chief of staff and former broker Hannah Greenwood willingness to seek out new opportunities has helped her progress through the industry.