Ruby Reinsurance Company announced that it has received a round of funding on November 13, 2024. The transaction included participation from new investors, AllianceBernstein Holding L.P., ENTRUST GLOBAL LTD., Enstar Group Limited, and other investors. As a part of the transaction, a member from AllianceBernstein Holding L.P. will join the company board of directors.

The company has raised total amount to $480,000,000 in funding to the date.