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PARALINE GROUP, LTD.


Investment Date: August 2010

Paraline Group, Ltd, a Bermuda-domiciled insurance and reinsurance holding company, was established in August 2010. Its principal operating businesses are ICAT Managers, LLC, Asta Capital Limited and Paraline Re LTD, a Bermuda based reinsurer. ICAT Managers underwrites small and middle market commercial properties located in catastrophe-exposed regions of the United States on behalf of Syndicate 4242 at Lloyd's and other leading insurers and reinsurers. Asta Capital is the leading third party Managing Agent at Lloyd’s, managing over £1 billion of underwriting capital. Paraline Re provides aligned underwriting capital to s.4242. For more information, visit www.icat.com and www.asta-uk.com

Paraline is owned by its senior managers and private investors that include Wand Partners Inc.(www.wandpartners.com) and Elliott Management Corporation (www.elliottmgmt.com), Paraline has the industry knowledge, investor expertise and capital backing to expand thoughtfully by backing quality management teams at times of market need.

www.icat.com
www.asta-uk.com

 



 


 
 

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