Swan Group Holdings is pleased to announce the launch of its wholly-owned subsidiary, Swan Re.
The company has received its license as a Class 3A reinsurer from the Bermuda Monetary Authority. Swan Re was sponsored by Swan Wealth Advisors of Durango, Colorado.
SWA, through an investment management agreement, will manage the assets of Swan Re utilising its Defined Risk Strategy.
The DRS structured asset management strategy is designed to not lose capital during market downturns.
It focuses on capturing the upside of the market while hedging the downside. This strategy has proven successful over its 16 year history generating 9.3 percent average annual net returns to investors, while exhibiting only half the volatility of the S&P 500 Index.
All of Swan Re's reinsurance business will be sourced by MultiStrat Re, a Bermuda special purpose insurer, through a quota share reinsurance agreement alongside other participating reinsurers.
Randy Swan, chairman of SGHL, said: "We are pleased to offer investors an opportunity to seek high returns by combining our low risk DRS investment strategy with MultiStrat Re's stable, low volatility reinsurance business."
