Arrow Global Group has announced the launch of Arrow Global Insurance, a new business unit designed to tap into institutional investment opportunities across the insurance value chain.
The London-based pan-European investment manager said the platform – focused exclusively on specialist, non-catastrophe insurance lines – extends its existing private credit and real estate operations into the insurance market.
Arrow Global Insurance, known as AGI, covers property, casualty, and specialty insurance, including after-the-event insurance, contingent and transactional risks, credit risks, and surety products. The company said these lines support complex legal and financial activities that are often underserved by traditional insurers.
The group said it founded a managing general agent, Toremis Specialty, in 2024 to underwrite legal and transactional risks. Supporting it is Halldora Re Ltd, a reinsurer established in 2025 and backed by institutional investors and funds managed by Arrow. AM Best has assigned Halldora Re a financial strength rating of A- and a long-term issuer credit rating of a-, both with a stable outlook.
Chief executive officer Zach Lewy (pictured) said AGI gives investors access to the global specialty insurance market through the group’s existing expertise. “This is a fragmented market with growing demand for specialist risk solutions, and we believe that controlling the value chain allows us to generate attractive returns through a highly aligned and efficient operating network,” he said.
Dan Adams, managing director and head of insurance, said the model was built to handle complexity at scale. “The AM Best rating for Halldora Re validates the strength of the platform and supports our ability to grow responsibly alongside our investors,” he said.
Arrow Global, founded in 2005, manages approximately €125 billion in third-party assets.
The AGI launch comes on the back of a strong fundraising year for Arrow Global. In November, the group closed several fundraising initiatives, securing €4.2bn in institutional commitments. This included the final close of its Arrow Lending Opportunities Fund I at €1.5bn, surpassing an initial target of €1bn. The fund drew backing from pension funds, insurance companies, sovereign wealth funds, and endowments across Europe, North America, and Asia, including a $400m commitment from a wholly owned subsidiary of the Abu Dhabi Investment Authority.
