Prospero Re plans to restructure its operating model to retain the benefits of the collateralised reinsurance model while adding an element of leverage that is more reflective of traditional reinsurers, according to Kroll Bond Rating Agency (KBRA). 6 February 2020
PartnerRe will pay a dividend for the period December 1, 2019 to February 29, 2020 on March 2, 2020. Shareholders of record on February 20, 2020 will receive the dividend. 6 February 2020
Enstar Group will pay cash dividends on its series D and E preference shares on March 2, 2020, to shareholders of record on February 15, 2020. 6 February 2020
An unnamed Asian technology company has purchased a parametric cloud outage product on AkinovA, the electronic marketplace for trading re/insurance risk, to protect itself against the risk of a cloud service provider outage. 5 February 2020
AXA XL has created a new position within the company, global chief underwriting officer for cyber, and hired Elizabeth (Libby) Benet to fill it. 5 February 2020
Markel put a difficult year in 2018 behind it by posting healthy net profits for the year in 2019, while also reporting significantly improved profits for Q4 compared to the previous year. 5 February 2020
RenaissanceRe Holdings saw healthy increases in its net profits for the year, while also turning a quarterly loss at the end of 2018 into a profit in Q4 2019. 5 February 2020
Chubb reported increased profits for both the year and final quarter of 2019, while net premiums written for the year also saw healthy year on year rises. 5 February 2020
