Specialty Risk Re (SRR), a newly established collateralized reinsurance firm, has successfully closed a $50 million funding round led by NMS Capital Group.
Founded in 2024, SRR is positioned as a strategic capital partner for managing general agents (MGAs) and insurance carriers. The company specializes in quota share and excess-of-loss reinsurance programs, collaborating with select program administrators to develop sustainable, long-term risk-sharing solutions.
This latest investment significantly enhances SRR’s capacity to address the growing shortfall in the reinsurance sector.
With a focus on mid- to long-tail risks, SRR employs a disciplined and methodical underwriting strategy designed to drive long-term insurance and investment returns.
The strong market response to SRR’s business model has already attracted additional investor commitments, with further capital expected to be secured by the end of Q1 2025.
This financial backing will enable SRR to scale its operations in response to market demand, reinforcing its ability to provide stable, long-term capital solutions to its partners.
