In August 2025, the Group committed up to US$5m to Gambit Risk Finance LLC (“Gambit Re”), a newly formed reinsurance vehicle established to support the strategic growth of the Group’s US portfolio company, XPT Group LLC.
Gambit Re provides risk capital to selected underwriting programmes managed by XPT’s underwriting arm, Platinum Specialty Underwriters, supporting the expansion of its underwriting portfolio. B.P. Marsh invested alongside the existing XPT management team and, in return, received a preferred equity interest of c. 8%.
