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 Asta Capital Limited and Paraline Re LTD, a Bermuda based reinsurer. Asta Capital is the leading third party Managing Agent at Lloyd’s, managing over £1 billion of underwriting capital including Paraline’s Syndicate 4242. Paraline Re provides aligned underwriting capital to s.4242.

Paraline is owned by 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.