Welcome to Paraline
Paraline Group, Ltd. is building a Lloyd's-based international insurance and reinsurance business. Our strategy is to grow in a disciplined and considered manner. We have the industry knowledge, investor expertise and capital backing to expand our position in the market under proper conditions and with the right people. Our objective is to be a committed and meaningful underwriter in the insurance and reinsurance markets.
Paraline was established by the executive team of ICAT Holdings, LLC, backed by private investors that include Wand Partners, Inc. and Elliott Management Corporation. Paraline is a Bermuda-domiciled insurance and reinsurance holding company.
“Paraline is well positioned to diversify and grow in a profitable and disciplined manner. We intend to be a committed and meaningful investor, building on the strong relationships that ICAT has developed and working closely with other like-minded teams when market conditions are appropriate.”
Bruce W. Schnitzer