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Munich Re urges greater loss prevention efforts

07-02-2013

Munich Re recently released a report on 2012 cat losses, which indicated that US losses accounted for a far higher proportion of natural cat losses than usual.

Nephila backs Lloyd’s syndicate

Bermuda, Europe06-02-2013

Asta Managing Agency has been given approval in principle by Lloyd’s to establish syndicate 2357, which will be backed by Bermuda-based, Nephila Capital.

Munich Re urges loss prevention efforts

Europe, North America05-02-2013

Munich Re’s recently released report on 2012 cat losses argues that states need to strengthen loss prevention efforts to mitigate the threat of rising insured losses.

Validus moves to acquire US crop reinsurer

Bermuda05-02-2013

Validus chairman and CEO, Ed Noonan has announced that the company has signed a letter of intent to acquire Bermuda reinsurer, Longhorn Re, a writer of US-based single-crop reinsurance.

Tower Group’s Canopius transaction signals inversion

Bermuda, North America24-01-2013

US property and casualty insurer, Tower Group has moved to acquire Canopius Bermuda Limited.

SPI numbers burnish Bermuda’s credentials in innovation

Bermuda24-01-2013

27 special purpose insurers (SPIs) were established in 2012, as the Island played host to an increasing number of innovative vehicles looking to extend sidecar and dedicated cat fund capacity to the market.

Re/insurers ‘transforming into risk asset managers’

Bermuda24-01-2013

In its Bermuda 2013 Market Update, rating agency, Fitch argued that certain Bermuda players are becoming ‘risk asset managers’ as the market takes an increasingly prominent role in the convergence space.

Nephila and KKR announce strategic partnership

Bermuda24-01-2013

Investment firm, KKR announced on Wednesday that it has formed a strategic partnership with Bermuda-based, Nephila Capital.

Assured Guaranty disputes rating downgrade

Bermuda24-01-2013

Assured Guaranty announced that it intends to dispute its ratings downgrade from Moody’s, which reduced its insurance financial strength rating to Baa1 (stable outlook) for Assured Guaranty Re.

Third Point Re gets the nod from AM Best

Bermuda, North America24-01-2013

Third Point Re has had its financial strength rating of A-(Excellent) and its issuer credit rating of “a-” affirmed by AM Best following a strong first year of operations.

Showing 4011 to 4020 of 4063 results

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