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Cover Re
Cover Re is a Cayman-domiciled reinsurer providing rated-quality reinsurance capacity through a fully collateralized balance sheet. It partners with insurance companies and MGAs across commercial and personal lines.
Distributed
Description
Cover Reinsurance SPC, Ltd. is a Cayman-domiciled, CIMA-regulated reinsurer that provides quota share and excess-of-loss reinsurance. Its liabilities are secured by segregated Regulation 114 trusts holding USD cash, short-duration U.S. Treasuries, and investment-grade bonds and mortgage-backed securities. The company serves cedent insurers and MGAs across commercial liability, property, auto, workers’ compensation, professional liability, homeowners, and personal auto lines.Grant Funding
VC Funding
None
2022
$0
$14M