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Reinsurers, The New Wave

Total capital, from new companies (so far): $8.94 billionTotal capital from existing companies $4.087 billionTotal new capital so far: $13.027 billionTotal number of jobs: Between 140 and 210 (so far)Lines of business: Broad-based multi-line reinsuranceSet up by: Arch Capital Group Ltd. and backed by two private equity firms, Warburg Pincus and Hellman & Friedman.

Total number of companies: 9

Total capital, from new companies (so far): $8.94 billion

Total capital from existing companies $4.087 billion

Total new capital so far: $13.027 billion

Total number of jobs: Between 140 and 210 (so far)

Arch Re Ltd

Lines of business: Broad-based multi-line reinsurance

Set up by: Arch Capital Group Ltd. and backed by two private equity firms, Warburg Pincus and Hellman & Friedman.

Capital: $1 billion

Number of staff: Currently 12 in Bermuda, 19 in the US

Office location: Craig Appen House, Wesley Street.

CEO: Paul Ingrey

Allied World Assurance Company

Lines of business: Property and casualty insurance and reinsurance

Set up by: American International Group Inc., Chubb Corp and GS Capital Partners (part of Goldman Sachs Group Inc.)

Capital: $1.5 billion

Number of staff : Not announced but expected to be larger than the other companies

Office location: John W. Swan building in Victoria Street

CEO: Michael Morrison

Chairman: Maurice Greenberg

Axis Specialty

Lines of business: Property, aviation, war and other.

Set up by: Insurance broker Marsh & McLennan Cos.

Capital: $1.6 billion.

Number of staff: 10 now, up to 30

Office location: Mayflower building in Par-la-Ville and the former Partner Re building on Pitts Bay Road.

CEO and President: John Charman

Chairman: Bob Newhouse

Chief Financial Officer: Andrew Cook

DaVinci Re

Lines of business: property/catastrophe

Set up by: RenaissanceRe Holdings Ltd. with $500 million initial backing from investors, including State Farm, the largest U.S. insurer.

Capital:$500 million

Number of staff in Bermuda: less than 10

Office location: Crow Lane, Pembroke

CEO: James Stanard

Endurance Specialty Insurance Ltd.

Lines of business: Multi-line and commercial property/casualty insurance and reinsurance.

Set up by: Aon Corporation and Zurich Financial Services and affiliated entities and others.

Target Capitalisation: $1.2 billion ($200 million from Aon)

Number of staff: about 25

Office location: Zurich Centre, Pitts Bay Road

CEO: Kenneth LeStrange

Montpelier Re

Lines of business: Property/casualty

Set up by: White Mountains

Capital: $1 billion ($200 million White Mountains)

Number of staff : About 24

Office location: former ACE headquarters on Pitts Bay Road with Woodbourne Avenue

CEO: Tony Taylor

Chairman: Jack Byrne

Olympus Re

Lines of business: Not known

Set up by: Not known

Capital: Up to $1 billion

Number of staff: Not known

Office location: Not known

CEO: Not known

Queens Island Re

Lines of business: Not known

Set up by: Not known

Capital: up to $1 billion

Number of staff: Not known

Office location: Not known

CEO: Not known

Goshawk Re

Lines of Business:excess liability and property/catastrophe

Set up by: Goshawk Insurance Holdings Ltd

Capital: $140 million

Number of Staff: about 10 including support staff

Office location: not announced

CEO: Not announced

Chairman: David Hooker

In addition to the new insurer, Aon Corp. added some property and reinsurance lines to its own underwriting unit, Combined Specialty Corp.

Existing companies have raised $3.4.087 billion in new capital.

ACE $1.15 billion

XL Capital $0.82 billion

Partner Re $0.4 billion

IPC $0.927 billion

Renaissance Re $0.3 billion

PXRE $0.15 billion

Alea $340 million