Martello Re is pleased to announce the closing of a $1.3 billion capital raise to support the further growth of our company. We are excited to continue executing on our mission to build the premier asset-intensive reinsurer supporting top-tier insurers in the US and globally. Thank you to all of our partners and team members who have made this possible. A link to our full press release is below. MassMutual; Barings; Brown Brothers Harriman; Centerbridge Partners, L.P. https://lnkd.in/e6uXdkYg
Martello Re
Financial Services
Martello Re provides life insurers with a fresh approach to reinsurance and a long-term partner they can count on.
About us
Martello Re is a newly-launched life and annuity reinsurer backed by $1.65 billion of capital. Our mission is to help insurers grow their businesses profitably and consistently, while ensuring they are well-positioned to deliver on all of their promises to policyholders. Through a commitment to exceptional financial strength, customized solutions, and unique investment capabilities, Martello Re provides life insurers with a fresh approach to reinsurance and a long-term partner they can count on.
- Website
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https://www.martellore.com
External link for Martello Re
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Hamilton
- Type
- Privately Held
- Founded
- 2022
- Specialties
- Insurance and Reinsurance
Locations
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Primary
12 Church Street
Hamilton, BM
Employees at Martello Re
Updates
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Martello Re was honored to support two successful educational initiatives at West Pembroke Primary School this academic year for Q2/2024. For our first initiative, we sponsored their first-ever SPLASH program, a five-day program that taught students essential swimming and water safety skills. Our second initiative included Martello Re Bermuda employees partnering with Keep Bermuda Beautiful (KBB) to provide West Pembroke Primary students with trash and recycling bags, gloves, and litter grabbers at their quarterly Clean-Up Day. The students and their Martello Re chaperones picked up trash and recyclable items at Spanish Point Park. Thanks again to West Pembroke Primary School for giving us the opportunity to support them. We look forward to supporting future initiatives like these that make a positive impact on our communities. #MartelloReGivesBack Read more about the SPLASH program in this article from The Royal Gazette: https://lnkd.in/ecvymTVK
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Thanks for having us at the #LifeCareerExpo! We met many new people eager to learn about the life and annuity reinsurance industry, and our Head of People Megan DeShields represented us well at the 'Sail into Your Next Job' breakout sessions. Here's to another successful event!
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We’re here at Athene's #LifeCareerExpo! Come check us out if you’d like to learn more about Martello Re and how we're a different kind of reinsurance company. Looking forward to meeting everyone!
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We’re growing! Martello Re has launched our inaugural summer internship program, and we’re pleased to welcome four interns to our Investment, Actuarial, and Technology teams. Our program will provide a range of professional experiences from long-term projects that target core competencies to networking across departments and teams. We’re excited to take part in the development of our future reinsurance industry professionals.
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Martello Re reposted this
We’re excited to be supporting Athene’s second annual #LifeCareerExpo again as a Platinum sponsor. Last year was an excellent networking opportunity for us, and we connected with recent graduate Sierra Correia who has since joined our team as a Communications Assistant. We look forward to meeting more of our future professionals and to continuing to build interest in the many opportunities in the life and annuity (re)insurance industry. If you’d like to learn more about Martello Re and the event, pre-register at lifecareerexpo.com and come visit our booth on June 20th!
Athene Life Career Expo
lifecareerexpo.com
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We’re excited to be supporting Athene’s second annual #LifeCareerExpo again as a Platinum sponsor. Last year was an excellent networking opportunity for us, and we connected with recent graduate Sierra Correia who has since joined our team as a Communications Assistant. We look forward to meeting more of our future professionals and to continuing to build interest in the many opportunities in the life and annuity (re)insurance industry. If you’d like to learn more about Martello Re and the event, pre-register at lifecareerexpo.com and come visit our booth on June 20th!
Athene Life Career Expo
lifecareerexpo.com
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Martello Re welcomed summer interns from the Bermuda Foundation for Insurance Studies (BFIS) Intro-to-Insurance Program for the second year today. It was an excellent opportunity to not only support interest in life reinsurance careers, but it was also a great way to meet our future industry professionals. Thanks for visiting us and special thanks to the Bermuda team for your support in welcoming the interns and contributing to an overall memorable experience. #MartelloRe #BFIS
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Happy International Women's Day to all of our Martello Re colleagues and women across the world.
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Martello Re reposted this
Thank you Greg Campion, CFA, Colin Gordon, and Barings for the opportunity to discuss the building of Martello Re over the past two years. It was a terrific discussion about building a reinsurance company from scratch and executing on our mission to be the premier provider of new business reinsurance for annuity writers. We are grateful for the support of our partners MassMutual, Barings, Centerbridge Partners, L.P., Brown Brothers Harriman, and Hudson Structured Capital Management Ltd. and excited for the future ahead.
What happens when you build a reinsurance company from the ground up? You learn a lot! And so do your partners. In the latest episode of #StreamingIncome, Martello Re CEO Dennis Ho sits down with Barings' Colin Gordon to discuss the creation and rapid growth of Bermuda-based reinsurer, Martello Re - and how trusted partnerships have been critical to addressing challenges from hiring to investment returns. Listen to the full episode now: Apple Podcasts: https://ow.ly/eMRf50QpjEg Spotify: https://ow.ly/TAUN50QpjEi Barings: https://ow.ly/ckAt50QpjEh #Reinsurance #AssetManagement #InvestingTogether