NW Re Limited
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NW Re Limited - overview
Established
2020
Location
Sittingbourne, Kent, UK
Primary Industry
Insurance
About
Founded in 2020 and based in Kent, UK, NW Re Limited operates as a provider of reinsurance services. The company was founded by Neil Wallis, Neil Walker, and Tallis Kemp. In November 2024, Specialist Risk Group Limited, a portfolio company of Temasek Holdings and Warburg Pincus, acquired NW Re Limited. NW Re specializes in providing facultative reinsurance and excess of loss insurance solutions for property risks.
The company caters to middle-market and risk-managed sectors, covering a diverse range of occupancies such as retail, manufacturing, offices, real estate, and leisure. The firm collaborates with insurance companies to help them manage their risk exposure, particularly in the property insurance sector. The company serves a diverse client base, including insurance brokers and property owners, predominantly within the UK market. NW RE Limited generates revenue through its specialized reinsurance products, operating primarily on a business-to-business (B2B) model.
The company engages in transactions with brokers and cedants. The financial structure typically involves premium payments made by clients in exchange for coverage against potential losses, with terms varying based on the risk assessment conducted by NW RE.
Current Investors
Specialist Risk Group Limited
Primary Industry
Insurance
Sub Industries
Reinsurance
Website
www.nwre.co.uk
Company Stage
Add-on
Total Amount Raised
Subscriber access only
NW Re Limited - 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 | Completed | NW Re Limited | - |
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