business
Everest and Stone Point launch Annapurna Re casualty sidecar
Key takeaways
- Stone Point-managed funds will serve as anchor investors in the multi-year structure.
- Everest president and CEO Jim Williamson said: “Annapurna sharpens our edge in casualty reinsurance and supports our long-term strategy through underwriting excellence and disciplined capital management.
- Annapurna Re adds to Everest s existing third-party capital platform, which already encompasses the Mt.
Everest and Stone Point launch Annapurna Re casualty sidecar Everest Group operates as a global provider of property · Life Insurance International Shubhendu Vimal Thu, June 18, 2026 at 8:16 PM GMT+7 2 min read EG ANNAPURNA-SM.NS Everest Group and Stone Point Insurance Solutions have established Annapurna Re, a Bermuda-domiciled casualty reinsurance sidecar.
Stone Point-managed funds will serve as anchor investors in the multi-year structure.
The vehicle is designed to deploy around $600m in third-party capital across a three-year underwriting period, channelling dedicated reinsurance capacity into Everest s global casualty and specialty reinsurance portfolios.
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