newsfilter
← Latest News
Business Wire·

Alterra Announces an Increase in the Capitalization of New Point V

HAMILTON, Bermuda--(BUSINESS WIRE)--Alterra Capital Holdings Limited (“Alterra”) (NASDAQ: ALTE; BSX: ALTE.BH) today announced an increase in the total capital committed to New Point V Limited to $247 million. New Point V is a sidecar vehicle that was established to create additional capacity for the property catastrophe collateralized reinsurance marketplace.