About NewRe
NewRe is a company based in Zurich (Switzerland) founded in 1926 was acquired by Mousquetaires in January 2024.. NewRe offers products and services including Reinsurance Services and Property & Casualty Solutions.
- Headquarter Zurich, Switzerland
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name New Reinsurance Company Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Mousquetaires
(Jan 31, 2024)
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Products & Services of NewRe
NewRe offers a comprehensive portfolio of products and services, including Reinsurance Services and Property & Casualty Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Underwriting and optimizing insurance portfolios for global clients.
Managing risks in casualty markets through strategic contracts.
Funding Insights of NewRe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NewRe
NewRe has secured backing from 1 investor. Prominent investors backing the company include Mousquetaires. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Fruits and vegetables are distributed by Mousquetaires throughout France.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NewRe
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NewRe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newre Comparisons
Competitors of NewRe
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Newre
Frequently Asked Questions about NewRe
When was NewRe founded?
NewRe was founded in 1926.
Where is NewRe located?
NewRe is headquartered in Zurich, Switzerland.
Who is the current CEO of NewRe?
Thomas Braune is the current CEO of NewRe.
What does NewRe do?
NewRe was founded in 1926 as a non-life reinsurance company headquartered in Zurich, Switzerland. Operations center on underwriting and managing risks in property, casualty, and specialty lines for global insurers. Services include treaty and facultative reinsurance, with a focus on efficient risk transfer and portfolio support. The firm is led by CEO Thomas Braune, emphasizing stable financial backing in the reinsurance sector.
What products or services does NewRe offer?
NewRe offers Reinsurance Services and Property & Casualty Solutions.
Who are NewRe's investors?
NewRe has 1 investor. Key investors include Mousquetaires.