Axis Capital and Stone Point Credit launch Monarch Point Re with $400mn of capital
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Axis Capital and Stone Point Credit launch Monarch Point Re with $400mn of capital

Abbie Day
September 29, 2023
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Axis Capital has launched a collateralized casualty reinsurer, Monarch Point Re, alongside partner Stone Point Credit Adviser.

The launch was funded with a $400mn capital raise, which included a $75mn equity investment from a subsidiary of Axis Capital and a $75mn equity investment from Stone Point Credit.

Operating

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