FINANCIAL STRENGTH

Aurigen has raised $500 million of equity through capital commitments made principally by private equity funds managed by EdgeStone Capital Partners Inc., Bregal Capital LLP, Pine Brook Road Partners LLC and Soros Strategic Partners LP.

Through our subsidiaries we assume life and health reinsurance risks from our customers. Our core business is the reinsurance of individual life insurance policies. This class of business exhibits very low risk contagion and our portfolio will be naturally quite diverse. We typically assume these risks on a quota share basis. Such an approach allows us to share the experience of our customers and gives Aurigen an increased spread of risk and a more stable portfolio.

Our goal is to achieve long term growth in shareholder value by being a beneficial partner to our customers and by writing business which will generate attractive returns relative to the risk we bear and the capital we employ.

Our guiding principles are to:

Be attentive and responsive to customer risk and capital management needs and objectives;
Develop and maintain industry leading expertise in risk analysis to the benefit of our customers and shareholders;
Build and maintain a balanced and well diversified portfolio of life and health reinsurance.