EXPERIENCE IN A CHALLENGING MARKETPLACE.

BERMUDA MONETArY AUTHORITY LICENSED & REGULATED CLASS 3B INSURER.

ABOUT.

A BERMUDA BASED REINSURANCE COMPANY.

RRRe underwrite a diversified portfolio of niche casualty lines of business via its Class 3B license, issued by the Bermuda Monetary Authority (‘BMA’).

RRRe is a dynamic and rapidly growing reinsurer, strategically positioned for growth as we explore avenues to diversify our portfolio in 2025/26. Building on our strong foundation in casualty lines, we are committed to broadening our offerings and enhancing our capabilities to meet evolving market demands. Our vision for the future reflects a forward thinking and dynamic approach, driving innovation and resilience into new areas of opportunity.

Driven by collective industry leading experience, RRRe is committed to providing the reinsurance market with solutions that can help deliver profitable growth.

DIFFERENTIATORS

MARKET DIFFERENTIATOR.

DIFFERENTIATION IN A DISRUPTED MARKETPLACE

RRRe seeks to deliver growth by differentiating itself as a reinsurer with a team of well-known market practitioners that can navigate the current unpredictable reinsurance market.

GLOBAL NETWORK

The team has a strong ecosystem of customers (reinsureds) and distribution channels (brokers and advisors).

FLEXIBILITY

Less reliance is placed on ‘long-duration’ elaborate prediction mechanisms. Instead, a portfolio of well-informed proposals.

FUTURE OF SUCCESS

RRRe’s goal in the next 3 to 5 years will be to create a more diversified, balanced and profitable reinsurance portfolio by expansion into underwriting selected third party risk business to complement the strategic relationship with TPM.

THE PLATFORM

THE PLATFORM.

01. Jurisdiction

Established by statute in 1969, the BMA’s role has evolved to meet the shifting needs in Bermuda’s financial services environment. The Supervision (Insurance) Department is responsible for the supervision, regulation, and inspection of Bermuda’s insurance companies and for the licensing of all insurance companies, brokers, agents and managers. The Insurance Act 1978 (Act) provides the Authority with substantive licensing, supervision, and intervention powers.

02. Experienced Reinsurance Team

Duncan King, CUO, continues to drive RRRe forward as an independent and consistently profitable reinsurance company in an ever changing market.

03. Outsourced Expertise & Market Relationships

RRRe benefits from the expertise of a Bermuda based network of advisors including a proprietary insurance manager, corporate secretarial service, legal services provider, and auditor.

04. Capital Management

RRRe and its Board members conservatively manage capital to maximize the long-term shareholder value of investors, while meeting regulatory and solvency requirements, as governed by the BMA rules on capital adequacy through the Economic Balance Sheet framework (Pillar 1).

05. Governance

RRRe has a strong ethos of corporate governance and is committed to business integrity, ethics and professionalism. The Board is responsible for the management and control of the RRRe’s strategy and overall policies, and is the decision making body for all material matters.

THE Team