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Peak Re hires Andrew Souter as director of markets

Asia-Pacific23-09-2020

Peak Re has appointed Andrew Souter as director of markets, responsible for developing its property and casualty reinsurance business. 

BMA cancels registration for Phoenix CRetro, company eyes move to Asia

Bermuda23-09-2020

The Bermuda Monetary Authority (BMA) has cancelled the insurance registration of Phoenix CRetro Reinsurance Company, a special purpose insurer (SPI), for breaches of the Insurance Act 1978 (Insurance Act). 

ILS Bermuda announces keynote speakers for Bermuda Convergence

Bermuda08-09-2020

Marshall Shepherd, Parag Khanna, and Shalini Vajjhala will be the keynote speakers at Bermuda Convergence 2020, which runs from October 6-8.

Arch MI issues its second mortgage ILN of 2020

North America04-09-2020

Arch Mortgage Insurance Company (Arch MI), a subsidiary of Arch Capital, has obtained over $449 million of indemnity reinsurance on a pool representing approximately $32 billion of mortgages from Bellemeade Re 2020-2, a special purpose reinsurer. 

Severe losses creating retro market dislocations: AM Best

Global27-08-2020

The retrocession (retro) segment has been particularly badly affected by severe losses from catastrophe events in recent years, and the resulting trapped capital, according to a new report by AM Best. 

ILS Capital Management completes the first ever securitisation of trapped capital

Bermuda20-08-2020

ILS Capital Management has completed a $57 million offering of 5.50 percent asset-backed notes, a securitisation of the residual value of trust accounts supporting reinsurance contracts, or trapped capital.

Aeolus Capital Management names Nicholas Jagoda as partner and portfolio manager

Bermuda19-08-2020

Nicholas Jagoda will join Aeolus Capital Management as a partner and portfolio manager once he has fulfilled his obligations with Elementum Advisors where he is currently a partner and portfolio manager.

ILS new issuance spreads widen by up to 30% due to COVID-19: Swiss Re

Global17-08-2020

New issuance spread in the insurance linked securities (ILS) market widened by 20-30 percent due to the impact of the COVID-19 pandemic, according to the latest report on the ILS market by Swiss Re. 

Elementum Advisors cultivates the next generation of leaders with a series of senior appointments

North America13-08-2020

Elementum Advisors, the Chicago and Bermuda-based alternative investment manager specialising in collateralised natural event reinsurance, has hired Jeff Davis as senior vice president of investments. 

Cat bond issuance already 20% higher than in 2019: Aon

Global28-07-2020

Cat bond issuance was 20 percent higher in the first half of 2020 than in the whole of 2019, according to Aon Securities’ latest Insurance-Linked Securities (ILS) report.

Showing 1 to 10 of 410 results

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