The Liquid Marketplace for $22 Trillion of Insurance Liabilities.
Extraordinary Re [!Re] is a platform for the daily trading of insurance liabilities embedded in a Bermuda domiciled, licensed reinsurer.
!Re solves these 3 problems ~
1. For investors and traders - the need for uncorrelated returns
2. For [Re]insurers - the ability to transfer a full range of risk classes to capital markets investors
3. For the world - alleviate the protection gap which prevents most of the world from obtaining and gaining the benefits of insurance
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For Capital Markets ~
Extraordinary Re’s [!Re] patented technology transforms insurance liabilities into tradeable contracts. With multiple daily auctions, capital market participants benefit from the opportunity to realize high, uncorrelated returns in a vast and virtually untapped marketplace.
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For (Re)Insurance ~
• Traders - access to a new asset class with positive alpha and low correlation.
• Institutional investors - a new kind of insurance-linked security (ILS) with exposure to diverse perils other than property catastrophe.
• [Re]insurance companies and intermediaries - simpler and more efficient access to the capital markets for risks that are not well-supported by actuarial models, and new opportunities to earn fee revenues.
Extraordinary Re [!Re] is a platform for the daily trading of insurance liabilities embedded in a Bermuda domiciled, licensed reinsurer.
!Re solves these 3 problems ~
1. For investors and traders - the need for uncorrelated returns
2. For [Re]insurers - the ability to transfer a full range of risk classes to capital markets investors
3. For the world - alleviate the protection gap which prevents most of the world from obtaining and gaining the benefits of insurance
----
For Capital Markets ~
Extraordinary Re’s [!Re] patented technology transforms insurance liabilities into tradeable contracts. With multiple daily auctions, capital market participants benefit from the opportunity to realize high, uncorrelated returns in a vast and virtually untapped marketplace.
----
For (Re)Insurance ~
• Traders - access to a new asset class with positive alpha and low correlation.
• Institutional investors - a new kind of insurance-linked security (ILS) with exposure to diverse perils other than property catastrophe.
• [Re]insurance companies and intermediaries - simpler and more efficient access to the capital markets for risks that are not well-supported by actuarial models, and new opportunities to earn fee revenues.
Location: United States, New York
Employees: 11-50
Investors 2
| Date | Name | Website |
| - | Plug and P... | plugandpla... |
| - | Golden Ang... | goldenange... |
Mentions in press and media 2
| Date | Title | Description |
| 02.08.2022 | Extraordinary Re Selects Xceedance for Actuarial and Analytics Services and Support | WORCESTER, Mass. and NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Xceedance today announced that Extraordinary Re will adopt actuarial and analytics services from Xceedance to support disciplined underwriting and furnish ongoing, market-rele... |
| 15.10.2020 | Extraordinary performance in an extraordinary year: China's most valuable brands grow 12% in value to $996 billion |