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23 May 2024Reinsurance

New reinsurer Martello Re eyes $800m equity boost to fuel growth

Bermuda-based Martello Re, which entered the reinsurance field of business with backing from industry heavyweights including MassMutual and Hudson Structured Capital Management (HSCM Bermuda) in early 2022, is in talks to raise at least $800 million in new equity.

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