Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Ltd., says its Aspen Capital Markets division has established Silverton Re.

Aspen Re said Silverton Re is a special-purpose insurer formed to provide additional collateralized capacity to support Aspen Re’s global reinsurance business. Silverton Re will be capitalized initially at $65 million, with $15 million of funding provided by Aspen Re and additional funding secured from third-party investors. Aon Benfield Securities Inc. acted as the placement agent.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access