Mereo Insurance Commences Underwriting Everen Specialty Ltd’s (ESL) Excess Energy Casualty Portfolio
Effective June 1st 2026, Mereo Insurance Ltd has commenced underwriting the first Excess Casualty Energy policies under a renewal rights transaction undertaken between Everen and Cedar Trace, the insurance, reinsurance, and asset management group that is strategically aligned with Mereo.
Mereo Insurance Limited Launches into Attractive Reinsurance Market
Mereo Insurance Limited, a new reinsurance platform, has received an A- credit rating from AM Best, and begins operations this week in an attractive global property and casualty reinsurance market. The common equity was led by Susquehanna Private Equity Investments, LLLP, a member of the Susquehanna International Group of Companies, and The Andover Companies, with preferred equity provided by Ares Management Alternative Credit funds (“Ares”). This first close will allow the platform to offer flexible, scalable and timely solutions to the reinsurance market immediately.
