Hildene Capital Launches $1 Billion Reinsurer

Hildene is pleased to announce the launch of Hildene Re_{*, a Class B(iii) insurance company that will offer reinsurance to the global insurance market. As part of its inaugural transaction, Ludlow Re will reinsure approximately $1 billion of fixed index annuity reserves through a quota share agreement entered into with a U.S.-based life insurance carrier.}

_{*Prior to December 2023, Ludlow Re SPC, Ltd. was previously known as Hildene Re SPC, Ltd.}

To learn more, read the full press release here.