Platinum’s Gambit Re raises ~$30mn retro sidecar to support growth
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Platinum’s Gambit Re raises ~$30mn retro sidecar to support growth

The sidecar will support five programs providing specialty frequency coverages.

By Liz Bury
September 16, 2025
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Gambit Risk Finance, the reinsurance vehicle launched last month by XPT’s Platinum Specialty Underwriters, has formed a Bermuda-domiciled retro sidecar with ~$30mn of capital, including investment from Obra Capital.

Reinsurer

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