Altor Re launches in London to provide ILS & reinsurance services

Altor Re Ltd, a new London-based business specialising in placing insurance-linked securities (ILS) and reinsurance business globally, has officially launched.

Established in October 2024, the firm is reportedly “poised to revolutionise” the reinsurance brokerage landscape, leveraging advanced data-driven techniques to meet its clients’ evolving needs.

Altor Re services encompass innovative risk transfer solutions, including ILS, collateralised reinsurance, parametric insurance, and industry Loss warranties.

The firm also offers traditional reinsurance placements, such as structured treaty reinsurance (proportional and non-proportional) and customised facultative reinsurance, delivering precise and reliable risk management.

Operating as an appointed representative of Servca Group Limited, Altor Re is authorised and regulated by the Financial Conduct Authority.

Raj Jadeja, Founder and CEO of Altor Re, commented, “We are excited to launch Altor Re Ltd and bring a fresh perspective to the reinsurance industry.

“Our partnership with Servca, as their appointed representative, underscores our commitment to delivering cutting-edge solutions to clients while upholding the highest regulatory standards.

“With our tagline, Your Global Partner for ILS and Reinsurance Solutions, we aim to be a trusted partner to clients worldwide.”

Noah Jamal, Founder and Chief Executive Officer of Servca, said, “We’re delighted to be working with Raj and Altor Re.

“The Lloyd’s and London Market is very much open for business and capitalizing on new opportunities. Our FCA Appointed Representative model is a testament in how boutique operators like Altor Re can tap into the global insurance marketplace through a simplified turn-key approach.”

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