TransRe expands Pangaea sidecar support

Major reinsurer TransRe was among the sidecar sponsors to expand
its retro support in the January renewals, sister publication
Trading Risk reported last week.
The Alleghany-owned carrier now has more than $400mn of sidecar
support from Pangaea Re and other vehicles for 2016.
This was an increase of about 14 percent from the
$350mn of retro support TransRe drew on through sidecar
arrangements in 2015.
The carrier was among a number to expand sidecar relationships
with third-party investors for t