
Harrington Re
Providing strength and stability to its clients through its strong balance sheet and experienced capabilities.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | - | ||
Total Funding | 000k |
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Harrington Re is a reinsurance company that leverages the strength of its balance sheet and the expertise of its sponsors to provide innovative reinsurance solutions. The company operates in the global reinsurance market, offering specialty reinsurance capacity across various property and casualty lines. Harrington Re's business model involves underwriting reinsurance policies and managing an investment portfolio, which is exclusively managed by Blackstone, one of the largest alternative asset managers in the world. The company generates revenue through premiums collected from reinsurance policies and returns on its investment portfolio. Harrington Re serves a diverse range of clients, including insurance companies and other entities seeking reinsurance solutions. The company has been awarded an A financial strength rating by A.M. Best, reflecting its robust financial position and operational capabilities. With initial equity of $550 million and total capital of approximately $800 million, Harrington Re is well-positioned to meet the reinsurance needs of its clients.
Keywords: reinsurance, underwriting, investment management, Blackstone, property, casualty, financial strength, global market, specialty lines, capital.