Nectaris Re Ltd is licensed by the Bermuda Monetary Authority as a Class 3A reinsurer and rated A (Excellent) by AM Best. The platform underwrites a diversified book of reinsurance business, combining traditional balance-sheet capacity with access to the capital markets.
Risk selection is disciplined and cycle-aware. We underwrite where pricing and terms meet our return hurdles, and we size lines to the risk rather than the relationship.
Own balance sheet capacity is supplemented with catastrophe bond and collateralized reinsurance structures, including the Tranquil Re 2026-1 issuance, giving the platform capital markets-aligned scale.
AM Best has affirmed the rating each year since 2023, citing solid underwriting results for three consecutive years through 2025.
Bermuda's Class 3A regime governs reinsurers of scale writing general business across property, casualty, marine, specialty and structured lines. Nectaris Re operates under the Bermuda Monetary Authority's supervision and is subject to its solvency and reporting requirements.
View 2025 BMA financial statement