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Resolute Global Partners touts vertically integrated reinsurance platform
The firm says it uses a proprietary actuarial model, plus portfolio risk management, to manage loss drivers across property treaty reinsurance, marine retro specialty, and primary U.S. insurance.
Institutional investors looking for re/insurance exposure are being pitched a different model by investment advisor Resolute Global Partners, which says it combines property treaty reinsurance, niche specialty risks, and primary U.S. insurance within a unified, vertically integrated platform, according to an interview with Artemis.
Resolute Managing Partner Tom Libassi and Director Antonia Bryan describe the approach as breaking the business into two categories, reinsurance risk and insurance risk, positioning it as structurally different from a standard insurance linked securities fund comparison. They add that the company’s access, track record in niche sectors, and vertical integration are designed to address common issues in traditional collateralized ILS structures, including trapped capital and stacked fees.
On the reinsurance side, Resolute says it divides its strategy into property treaty, handled through its Bermuda team and written almost exclusively as U.S. risk, and specialty reinsurance focused on marine retro, which it says has been its primary specialty for the last 12 years and where it is among about 10 dedicated players. The portfolio, Artemis reports, is underpinned by a proprietary actuarial model built from more than 30 years of use by the company’s team, with risk management meant to overlay and look at clashes between the two reinsurance sectors.
Resolute also outlines a contract structure for its collateralized business in marine specialty aimed at tackling trapped capital, Artemis said. The firm describes contracts that can include up to three additional premium payments if a counterparty does not return funds on the first review date, with additional premiums triggered on subsequent review points.