Vantage Group Holdings Ltd News

Vantage Group Raises Additional Capital, Acquires U.S. Admitted Carrier

Bermuda-based re/insurer Vantage Group Holdings Ltd. announced that funds managed by Carlyle and Hellman & Freidman have committed up to an additional $200 million of capital to fund the continuing growth of Vantage, with the majority of the proceeds intended …

Vantage Names AXA XL’s Blanco CEO of Insurance

Bermuda-based Vantage Group Holdings Ltd. has appointed Alex Blanco as CEO of Insurance to lead the growth and development of its insurance business. Blanco is a seasoned Insurance professional with over 25 years of industry experience across professional and specialty …

Vantage Expands Into Healthcare, Excess Casualty in Bermuda, U.S.

Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty. Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its Bermuda company, Vantage Risk Ltd. Vantage has since …

Credit Ratings Assigned to Illinois’ Vantage Risk Specialty Insurance

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Vantage Risk Specialty Insurance Co. (Vantage Risk) in Chicago. Vantage Risk is a newly added member to Vantage Group …

How SpottedRisk and TigerRisk Tamed ‘Live Cat’ COVID Event for Entertainment Insureds

In the early months of the pandemic last year, brokers just couldn’t place insurance for the entertainment industry. In late February 2020, underwriters began excluding communicable disease from all of the underlying production insurance policies. No insurer wanted to touch …

New Capital Entering Market Unlikely to Quickly Soften Rates: Vantage Risk CEO

Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn’t too concerned about the new capital that has been pouring into the market this year, and its potential to drive down rates – at …

New Re/Insurer ‘Vantage Risk’ Launches, Led by Former Arch, AXA XL Executives

A new re/insurance group, called Vantage Group Holdings Ltd., has launched with $1 billion of equity capital, provided by private equity firms The Carlyle Group and Hellman & Friedman (H&F) as well as management. The company’s CEO is Greg Hendrick, …