Gamut Re opens after raising $310 million


Gamut Re opens after raising $310 million

HAMILTON, Bermuda—Gamut Reinsurance Ltd., a new catastrophe reinsurer, has raised $310 million in a private placement of five classes of notes structured to provide varying levels of risk and return to investors. Domiciled in the Cayman Islands, Gamut Re will be managed by Bermuda-based Nephila...

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