Tags:ExchangeIndustryInsurTechInvestmentMarketMarketplacePlatformPropertySecurityTechnology
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 ---- 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
Member count: 11-50

Investors 2

Mentions in press and media 2

DateTitleDescriptionCategoryAuthorSource
02.08.2022Extraordin...WORCESTER, Mass. and NEW YORK,...--globenewsw...
15.10.2020Extraordin... LONDON, Oct. 15, 2020 /PRNew...--prnewswire...