Harrington finalises $600m capital raise


Harrington Reinsurance Holdings, together with its subsidiary Harrington Re, has completed a capital raise of approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital and an approximately $50 million equity investment by affiliates of The Blackstone Group.

Harrington, Harrington Re, AM Best, AXIS Capital, The Blackstone Group, Appointment, Bill Fischer, Insurance, Reinsurance, Bermuda, London, UK

Intelligent Insurer