Tower Hill launches $200mn reciprocal insurer backed by Gallatin, Vantage and RenRe

Published: Tue 7 Sep 2021

Florida-based carrier Tower Hill Insurance Group has formed a reciprocal insurer backed by an initial capital commitment of over $200mn arranged by TigerRisk Capital Markets & Advisory and led by entities controlled by Gallatin Point Capital, with additional capital support being provided by Vantage Group Holdings Ltd and RenaissanceRe, The Insurer can reveal.