The Lloyd’s legacy business has been placed up for sale, along with other units....
RenRe elevates Shea to SVP and global head of credit
Renaissance Re has promoted RJ Shea to senior vice president and global head of credit....
Renaissance Re has promoted RJ Shea to senior vice president and global head of credit....
Article / 1 year ago
Ghana sets up sovereign risk transfer scheme with IDF and partners
A sovereign risk transfer scheme has been launched by Ghana’s Ministry of Finance, with the Insurance Development Forum (IDF), the United Nations Development Programme...
A sovereign risk transfer scheme has been launched by Ghana’s Ministry of Finance, with the Insurance Development Forum (IDF), the United Nations Development Programme...
Article / 2 years ago
Markel Catco requests US bankruptcy clearance for buyout
Markel Catco Investment Management will seek US approval of its buyout scheme in a bankruptcy court hearing on 16 March, the firm announced today...
Markel Catco Investment Management will seek US approval of its buyout scheme in a bankruptcy court hearing on 16 March, the firm announced today...
Article / 2 years ago
Florida market in crisis right now: Heritage CEO
A large number of carriers in the Florida market are facing a solvency crisis, with recent storm activity likely to compound the local industry’s...
A large number of carriers in the Florida market are facing a solvency crisis, with recent storm activity likely to compound the local industry’s...
Article / 3 years ago
Axis taps private market for $100mn deal after Northshore bond lapses
Axis Capital has placed a new $100mn enterprise cover through the private market after its $350mn Northshore Re cat bond lapsed last month, Trading Risk understands...
Axis Capital has placed a new $100mn enterprise cover through the private market after its $350mn Northshore Re cat bond lapsed last month, Trading Risk understands...
Article / 4 years ago
S&P removes Swiss Re mortality bond from credit watch as UK deaths stabilise
S&P Global Ratings has affirmed its BB rating on Swiss Re’s Vita Capital VI 2015-IA cat bond and removed the deal from credit watch as the threat Covid-19 poses to the bond has abated...
S&P Global Ratings has affirmed its BB rating on Swiss Re’s Vita Capital VI 2015-IA cat bond and removed the deal from credit watch as the threat Covid-19 poses to the bond has abated...
Article / 4 years ago
Plenum to launch higher-return ILS fund amid insurance debt entry
Plenum Investments is fundraising for a new higher-return ILS fund it plans to launch before the start of the hurricane season...
Plenum Investments is fundraising for a new higher-return ILS fund it plans to launch before the start of the hurricane season...
Article / 4 years ago
Blue Capital Alternative Income Fund returns $66mn to shareholders
The liquidators of the Blue Capital Alternative Income Fund have so far returned $66mn to shareholders in the year since the company was put into run-off...
The liquidators of the Blue Capital Alternative Income Fund have so far returned $66mn to shareholders in the year since the company was put into run-off...
Article / 5 years ago
The ILS market needs to live up to its promises on liquidity
The UK Financial Conduct Authority (FCA) was not among the authorities that were involved in probing Markel Catco’s reserving processes, despite the fact that it maintained a London listing...
The UK Financial Conduct Authority (FCA) was not among the authorities that were involved in probing Markel Catco’s reserving processes, despite the fact that it maintained a London listing...
Article / 5 years ago
News digest
Nephila quits AIG treaty; Sydney storm among top hail losses; Fema trims reinsurance; Leadenhall backs new insurer...
Nephila quits AIG treaty; Sydney storm among top hail losses; Fema trims reinsurance; Leadenhall backs new insurer...
Article / 5 years ago