AmRisc raises $580 million with Trouvaille Re renewal

By Isha Marathe

April 3 - (The Insurer) - CRC Group-owned MGA AmRisc has completed the renewal of its Trouvaille Re sidecar, securing $580 million of underwriting capital sourced from a diversified group of institutional investors along with capacity from fronting carrier, MS Transverse.

The sidecar has grown from $325 million in capital raised in 2024 to $580 million in 2025, and will continue to provide collateralized reinsurance capacity for Amrisc's coastal commercial E&S property insurance portfolio for another underwriting year beginning on April 1.

AmRisc writes approximately $2 billion in E&S gross premiums annually on behalf of its capacity providers in addition to over $600 million of admitted premiums.

"We are pleased to have grown Trouvaille Re with our investor capacity partners, allowing us to continue
to serve the coastal commercial property E&S market that we have supported for more than 25 years,"
said Brian Reid, CEO of AmRisc.

"The growth and support from investors in Trouvaille II reaffirms our belief that this partnership can continue for the long term. Investors have come to understand AmRisc's underwriting approach and trust that we will continue to write and manage risk responsibly on their behalf," said Laura Beckmann, AmRisc's president and COO.