Specialty insurance platform Novacore has launched NovaRe, a collateralised reinsurance sidecar backed by New Mountain Capital, to expand capacity and support long-term growth. The company said NovaRe will add capacity across its existing programmes while supporting the sustained, multi-year expansion of its broader property and casualty (P&C) platform. Novacore CEO Aaron Miller said: “NovaRe represents a natural extension of our underwriting-first philosophy. We are committed to growing with our carrie ...