Premia Holdings Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Premia Holdings Ltd. - overview
Established
2017
Location
Hamilton, -, Bermuda
Primary Industry
Insurance
About
Based in Hamilton, Bermuda and founded in 2017, Premia Holdings Ltd. is a reinsurance group that is focused on sourcing, structuring, and servicing run-off businesses. The company handles acquisitions and reinsurance transactions in the property and casualty run-off market. In January 2017, Arch Capital Group Ltd.
and Kelso and Company invested in Premia Holdings Ltd. In February 2021, a consortium of investors led by Aquiline Capital Partners agreed to invest in the company. Premia Holdings Ltd. services include acquisition of non-core lines of business or subsidiaries via reinsurance or acquisition and also provision of time of sale solutions for buyers and sellers with respect to non-core lines of business or subsidiaries.
Premia Holdings Ltd. also provides tailored, long-term solutions to reduce the capital held against non-core lines of business. The firm currently serves clients in Bermuda, US, and Europe.
Current Investors
Kelso & Company, Arch Capital Group Ltd.
Primary Industry
Insurance
Sub Industries
Reinsurance, Commercial Insurance
Website
www.premiaholdings.com
Verticals
InsureTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Premia Holdings Ltd. - timeline of key events
Premia Holdings Ltd. - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Premia Holdings Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Armour Re Ltd. | - | ||||||||
| Trade Sale | Completed | Armour Group Holdings Limited | - | ||||||||
| Growth | Announced | Premia Holdings Ltd. | - | ||||||||
| Add-on | Completed | Navigators Holdings (Europe) NV | - | ||||||||
| Add-on | Completed | Public Service Insurance Company | - |
Displaying 1 - 5 of 7
Premia Holdings Ltd. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.