Extraordinary Re Company Announcement

Extraordinary Re has suspended all activities pending a decision on winding up the company and Lee Van Slyke, Chairman and CEO, has resigned from his roles with the company

 

 

The Liquid Marketplace for $22 Trillion of Insurance Liabilities

 

 

 

about

 

EXTRAORDINARY RE IS A PLATFORM FOR THE DAILY TRADING OF INSURANCE LIABILITIES EMBEDDED IN A BERMUDA DOMICILED, LICENSED REINSURER

EXTRAORDINARY RE SOLVES THREE PROBLEMS...

FOR INVESTORS AND TRADERS:

the need for uncorrelated returns

FOR REINSURERS:

the ability to transfer a full range of risk classes to capital markets investors

FOR THE WORLD:

alleviate the protection gap which prevents most of the world from obtaining and gaining the benefits of insurance

 

 

capital markets

 

EXTRAORDINARY RE’S PATENTED TECHNOLOGY TRANSFORMS INSURANCE LIABILITIES INTO TRADEABLE CONTRACTS

 

 

With multiple daily auctions, capital market participants benefit from the opportunity to realize high, uncorrelated returns in a vast and virtually untapped marketplace

 

 

reinsurance

 

EXTRAORDINARY RE OFFERS...

TRADERS:

access to a new asset class with positive alpha and low correlation

INSTITUTIONAL INVESTORS:

a new kind of insurance-linked security (ILS) with exposure to diverse perils other than property catastrophe

INSURANCE COMPANIES AND INTERMEDIARIES:

simpler and more efficient access to the capital markets for risks that are not well-supported by actuarial models, and new opportunities to earn fee revenues

 

 

team

 

 

Oakley (Lee) Van Slyke, CEO

FCAS, MAAA, CERA, Chairman and CEO

Mark Reece, CTO

Reece has more than 30 years of experience in systems design including trading platforms

Joe Rosen, EVP, Capital Markets

Rosen has more than 30 years of experience in electronic trading and capital markets

ADVISORS:

Robert Deutsch – Founding CEO, Ironshore

Len Goldberg – Founding CEO, Greenlight Capital Re

Cory Isaacson – Founding CEO, rethought Insurance

Tom Hughes – Co-founder, Managing Partner, Real Decisions LLC

Pete Kruskall – Co-founder and founding CTO, Kenshō

Robert Schwartz – University Distinguished Professor, Zicklin School of Business, Baruch College

Jerry Sullivan – Chairman, The Sullivan Group

Richard Fein – Former COO, National Counsel of Compensation Insurance

Ted Nadeau – 30 year CIO, CTO and Technical Project Manager for start-up and established ventures

Vito Nigro – Former Treasurer & Chief Risk Officer, PMA Capital Corporation

Kevin Lupowitz – Founding CIO, Liquidnet

COUNSEL:

General Counsel - Corporate Law Solutions

Insurance Counsel - Sidley Austin LLP

Bermuda Regulatory Counsel - ASW Law Ltd.

 

 

news

 

 Trading Platform For Interests In Insurance Contracts: Demo On April 29 

 

 Kevin Lupowitz Joins Extraordinary Re as Investor and Advisor 

 

 Extraordinary Re adds Pete Kruskall to its advisory team 

 

 Extraordinary Re announces its Intent to Develop an Asset Owner/Asset Manager Consortium 

 

 Extraordinary Re [!Re] Strengthens its Leadership Team 

 

 Extraordinary Re [!Re] Announces Leadership Change, Founder Returns to Helm 

 

 Nasdaq case study of Extraordinary Re for New Marketplaces & Non-Traditional Exchanges 

 

 Waters Technology features Will Dove discussing our blockchain tech 

 

 Nasdaq Live features Will Dove discussing Extraordinary Re’s offering to institutional investors & reinsurers 

 

 Business Insider features Extraordinary Re and the benefits to investors 

 

 Extraordinary Re shines bright on Time Square 

 

 Nasdaq and Extraordinary Re sign market technology agreement 

 

 Artemis features Extraordinary Re’s announcement to leverage Nasdaq technology 

 

 Extraordinary Re's Will Dove describes an expanded role for alternative capital at ITL 

 

 Extraordinary Re CEO guest opinion article at The Financial Revolutionist 

 

 Extraordinary Re Featured At Plug And Play's Summer Summit 

 

 Extraordinary Re Pitches Trading Platform For Insurance Liabilities To Silicon Valley 

 

 Extraordinary Re to offer insurable risk trading [Portuguese] 

 

 Extraordinary Re accepted into Plug and Play InsurTech Accelerator Program 

 

 Extraordinary Re featured in Plug and Play InsurTech vlog 

 

 Extraordinary Re featured in Dig-In, the digital future of insurance 

 

 The State of the Reinsurance Industry 

 

 

contact

 

we'd love to hear from you!

 

investorrelations@xreholdings.com

 

Extraordinary RE