Gemini Re Holdings Ltd.

Former Centre Solutions boss David Brown can hardly lose in his new venture, Gemini Re Holdings, which recently filed a prospectus with the SEC in relation to a planned $400 million IPO.

Bermuda-registered Gemini Re Holdings Ltd. today filed an S-1 registration statement with the SEC as the first step towards a proposed $400 million IPO. It is intended at this stage that the offering, which is being handled by Merrill Lynch and Chase Securities, will be valued at $15 per share and that the shares will be listed on NASDAQ.