At Fermat, we combine decades of pioneering industry experience with innovative strategies to help our clients achieve financial success. Our commitment to excellence and integrity ensures that every decision is in the best interest of those we serve.

Fermat Re is led by James Hole, co-founder of Cincinnati Re. Starting from zero in 2015 to year-end 2024, Cincinnati Re wrote $3 billion in premium and delivered a cumulative 93% combined ratio* during a very challenging period in the market.

Backed by Fermat’s proprietary CatAPM® models and world-class analytics team, Fermat Re combines Fermat’s proven analytical and portfolio management excellence with deep reinsurance expertise.

*Cumulative combined ratio per CINF public supplemental financial exhibits and earnings conference call transcripts.