DALLAS, TEXAS--(Marketwired - July 30, 2014) - Optimum Re Insurance Company is pleased to announce the conclusion of an agreement with Munich American Reassurance Company to acquire a reinsurance portfolio of 115 client insurers. This transaction, involving 270 treaties and close to 55,000 reinsurance cessions, will contribute to Optimum Re Insurance Company's development and strengthen its position in the traditional small to mid-size American insurance companies market. The transaction was effective as of July 1st, 2014.