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Novacore Launches Reinsurance Sidecar Backed by New Mountain Capital

Summary by ReinsuranceNe.ws
Novacore, an independent, specialty insurance managing general agent (MGA), has launched NovaRe, a new collateralised reinsurance sidecar backed by New York-based alternative investment firm, New Mountain Capital, LLC, through the establishment of VictoryRe. NovaRe marks the firm’s entry into the reinsurance carrier market with a long-term vision to build a diversified, multi-line platform. The vehicle has been structured to align interests with…
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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al broke the news in on Monday, April 13, 2026.
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