Talcott and Goldman Sachs launch $1B reinsurance sidecar
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Talcott Financial Group Launches West Grove Re in Partnership with Goldman Sachs
August 4, 2026 8:00 AM EDTNewly formed Bermuda-domiciled reinsurance vehicle to accelerate Talcotts growth strategy by providing additional access to third-party capital
HARTFORD, Conn.--(BUSINESS WIRE)-- Talcott Financial Group (Talcott), an international life insurance group providing comprehensive risk solutions for customers across the retirement and insurance industry, today announced the establishment of West Grove Re, Ltd. (West Grove Re or the sidecar), a Bermuda-domiciled reinsurance sidecar, in partnership with Goldman Sachs. West Grove Re has closed an approximately $1 billion capital raise, including both equity commitments from Talcott, Goldman Sachs Asset & Wealth Management (AWM) and its clients, and a credit... More
