Brind.
  1. Peak Reinsurance Company remains licensed in Bermuda, while its headquarters are in Hong Kong. The company also interacted with Artemis.

Nascent Re Issues $20M in Preferred Share ILS via Stevenage and Telford Accounts

1 report, 1 independent Updated Sep 24
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Nascent Re Ltd., a licensed reinsurance transformer owned by Nascent Group, issued two new series of preferred share private insurance-linked securities (ILS) on September 24, 2026. Each vehicle issued $20 million for the Quinton and Stevenage segregated accounts. These issuances represent the third and fourth preferred share issuances from Nascent Re.

From artemis.bm

Why it matters

Some supportBrind's analysis of the reports

Nascent Group specializes in insurance management, ILS servicing, and reinsurance transformation. Nascent Re facilitates collateralized reinsurance or private ILS arrangements for re/insurers and investors through a managed risk transformation platform.

From artemis.bm

Who's involved

  • BermudaJurisdiction where Nascent Re is based
  • StevenageLocation of a segregated account used for the issuance
  • TelfordLocation of a segregated account used for previous issuances

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • StevenageSpeculative

    The issuance of $20 million in preferred shares in Stevenage might affect local investment flows.

  • ArtemisSpeculative

    Artemis might see changes in its investment strategies due to the activity in the collateralized reinsurance market.

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The entities involved

Coverage

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