Two decades after forming, Ariel Re writes $1.5 billion in premium annually, with the majority of business transacted in Bermuda.

To celebrate their 20th anniversary, Ariel Re has launched the 20 for 20 campaign, a give back to Bermuda and London — communities that have supported the company’s journey.

Ariel Re was formed in December 2005 to meet a high demand for natural catastrophe reinsurance after a capital crunch in the sector following Hurricanes Katrina, Rita and Wilma.

The firm provides reinsurance solutions across property catastrophe, cyber, marine and speciality and clean energy, employing a team of over 100 professionals.

Established as a Class 4 Bermuda reinsurer, the business transitioned to Lloyd’s of London in 2012.

Ariel Re chief executive Ryan Mather was proud of his team.

“Many of them have been with the firm since day one 20 years ago,” he said. “Our success is a tribute to them. It is a great achievement that 20 years on from our foundation, we are still at the forefront of the catastrophe reinsurance market and have built such a resilient franchise.”

He said their commitment to a deep understanding of their clients and the risks that they underwrite has been key to their success.

“Looking ahead, Ariel Re remains focused on delivering specialist reinsurance solutions while continuing its mission to be the premier manager of reinsurance risk,” Mr Mather said.