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Proposed new entity XL Catlin, the result of a $4.1 billion takeover, has been well received by rating agencies despite potential risks. 12 January 2015
ILS
Valiudus subsidiary AlphaCat Managers boosts its ILS offering and renews its sidecar with $564 million of new subscriptions and commitments for deployment during 2015. 9 January 2015
News
Bermuda-based Catlin will be acquired by XL Group in a $4.1 billion deal, with XL’s CEO Mike McGavick taking the reins. 9 January 2015
News
The former chief executive officer (CEO) of JLT Re has resurfaced at Qatar Re as its chief underwriting officer. In July this year, Qatar Re established a Bermudian base. 8 January 2015
News
Rating agency AM Best has maintained its negative outlook on the reinsurance sector as continuing market challenges hinder the potential for positive rating actions. 8 January 2015
News
Bermuda-based Hamilton Insurance has appointed Wendy Davis Johnson as chief communications officer. 8 January 2015
ILS
The number of insurance-linked securities (ILS) on the Bermuda Stock Exchange (BSX) has seen record growth of 53 percent with the value of securities growing by 64 percent. 7 January 2015
News
Run-off specialist Catalina has acquired a portfolio of UK and EU insurance liabilities from UK-based Quinn Insurance. 7 January 2015
ILS
Bermuda-based Third Point Re has invested $5 million in Hiscox’s separately managed insurance-linked securities (ILS) platform, as it prepares to close down its ILS fund. 6 January 2015
News
Bermuda-based Kaith Re, a segregated accounts company belonging to Hannover Re, has facilitated the first ever Swiss Franc catastrophe bond. 6 January 2015
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