News relating to the Bermuda and international insurance and reinsurance industry.
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Horseshoe hire for client services
EY manager joins ILS and re/insurance services specialist.
Headwinds see Markel close ILS fund business
Lodgepine Capital Management to wind down.
Elementum taps Hudson for head of actuarial
The new hire will be responsible for driving processes around loss reserving.
Record-setting Q2 for ILS market as $5.6bn raised, Aon reports
Investors’ focus on diversification and liquidity drives market to record-breaking levels.
Guernsey’s can-do attitude attracts ILS business
The founders of ILS issuers Replexus and Paratus have praised Guernsey’s can-do attitude, which they said made the island a natural home for insurance-linked securities (ILS).
AXIS names new head of rebranded third party capital unit AXIS ILS
AXIS Capital Holdings has named a new head of ILS as it rebrands its third party capital unit as AXIS ILS.
Hiscox names new managing principal for its ILS business
Hiscox has named a new managing principal for Hiscox ILS to spearhead the evolution of its ILS offering.
Twelve Capital ramps up European distribution efforts with two hires
Twelve Capital has hired two senior distribution specialists to focus on the UK and Benelux/Nordics markets as it seeks to expand its distribution efforts under its new BaFin licence.
Essent Guaranty secures excess of loss reinsurance via Radnor Re MILN issue
Essent Guaranty, the wholly-owned subsidiary of Essent Group, has obtained $557.9 million of fully collateralised excess of loss reinsurance coverage from Radnor Re 2021-1, the newly formed Bermuda special purpose insurer.
Gallagher Re joins Arch MI on second Bellemeade Re deal of 2021
Gallagher Re partnered with Arch Mortgage Insurance Company (Arch MI) in raising and placing traditional reinsurance capacity for Bellemeade Re 2021-2, a special purpose reinsurer.
