Ariel Re is a Class 4 Bermuda property and casualty reinsurance company with over $1 billion of equity capital. Ariel was formed in 2005 in response to the reinsurance capacity shortage caused primarily by Hurricane Katrina.
The Company was sold in 2013 to Goldman Sachs and subsequently changed its name to Arden Holdings.
Sector: Financial Services
Investment Date: December 2005
Exit Date: December 2013