Insider View: Kelso backs Premia Re

When news broke last year that Bill O'Farrell and Arch were
working together on a run-off start-up, it was speculated that the
vehicle would be a Watford Re for the legacy sector, another
iteration of the total return reinsurer model that was about to add
Enstar's Kayla Re to its ranks.
The thesis seemed to have been strengthened when it emerged that
Premia Re's majority backer would be Kelso & Co, the
private equity firm that previously invested in hedge...