We carefully designed Harrington Re's investment approach and our Board appointed Blackstone to manage the investment activities. Our Investment Committee works closely with Blackstone to manage this portfolio in a manner that is a true complement to our underwriting portfolio, in an effort to achieve attractive risk-adjusted equity returns for our shareholders while allowing for sufficient liquidity to meet claims and capital requirements.
Harrington Re’s diversified alternative asset portfolio has exposure to a wide range of Blackstone’s global alternative investment strategies. The portfolio seeks to provide attractive total returns with low volatility and less vulnerability to severe market declines compared to traditional investment strategies.
