Arch Capital’s Voussoir Re Issues New 2025-3 Preferred Shares

Voussoir Re Ltd., the collateralized reinsurance sidecar and special purpose insurance vehicle (SPI) of Arch Capital, has issued and listed its latest series of 2025-3 preferred shares—the first new listing from this structure since October 2024.

Since its launch in 2019, Voussoir Re has served as one of Arch Capital’s key vehicles for attracting third-party capital, enabling external investors to share in Arch’s reinsurance risks through quota share arrangements, collateralized reinsurance deals, and insurance-linked securities (ILS) issuance.

The sidecar initially debuted in 2019 with a $74 million note issuance, followed by a $76.5 million deal in 2020 and a nearly $70 million renewal in 2021. Over time, Arch expanded the structure to also issue preferred shares, with the first such shares appearing later in 2021.

In 2022, Voussoir Re added three more preferred share series to its portfolio, before listing its last known issuance—the 2024-9 preferred shares—in October 2024.

Now, with the introduction of the 2025-3 preferred shares, Voussoir Re continues to offer investment opportunities for qualified third-party investors. This latest issuance involved 1,000 non-voting, redeemable shares with a nominal par value of $0.01 each, listed on the Bermuda Stock Exchange (BSX). Artex Corporate Services (Bermuda) Ltd. served as the listing sponsor.

This move reflects Arch Capital’s ongoing efforts to evolve Voussoir Re into a flexible platform that channels reinsurance risks into fund-backed strategies, supported by external investors seeking access to insurance-linked returns.