News

ILS

Prospero Re approved to write traditional and collateralised reinsurance contracts

Prospero Re, the reinsurance company wholly owned by ILS Capital Management, has been given the green light to write traditional and collateralised reinsurance contracts, following regulatory approval from the Bermuda Monetary Authority (BMA) for its amended business plan.   3 December 2020

ILS

Hamilton continues to strengthen its third party capital and ILS franchise with Ada Re launch

Hamilton Insurance Group has launched Ada Capital Management, a Bermuda-regulated insurance agent authorised to underwrite on behalf of Ada Re, a newly-formed, Bermuda-registered special purpose insurer.   23 November 2020

ILS

SRS appoints Matthew Charleson as chief operating officer of fund services and ILS

Strategic Risk Solutions (SRS) has named Matthew Charleson as chief operating officer of fund services and ILS.   23 November 2020

ILS

RMS partners with Willis Re Securities and Securian Financial on mortality cat bond

RMS has partnered with Willis Re Securities and Securian Financial to launch the new La Vie Re series 2020-1 mortality catastrophe bond.   23 November 2020

ILS

End investors shun cyber ILS: Willis Towers Watson

Only 5 percent of ILS end investors are attracted to the idea of investing in securitised cyber risk, according to the new Global Insurance-Linked Securities Market Survey Report from Willis Towers Watson.   18 November 2020

ILS

Arch MI issues $418m of mortgage ILNs

Arch Mortgage Insurance Company (Arch MI) has secured nearly $452 million of indemnity reinsurance on a pool representing approximately $31 billion of mortgages from Bellemeade Re 2020-3, a special purpose reinsurer.   4 November 2020

ILS

Willis Re Securities places underwritten 144A mortality cat bond

Willis Re Securities and Willis Re have structured and placed $100 million of insurance-linked securities for Minnesota Life, a life insurance subsidiary of Securian Financial Group.   27 October 2020

ILS

Radian issues $390m of ILNs via Eagle Re

Radian Guaranty, a wholly owned subsidiary of the Radian Group, has obtained $390 million of fully collateralised excess of loss reinsurance coverage from Eagle Re 2020-2, a Bermuda-based special purpose insurer.   26 October 2020

ILS

Swiss Re completes $775m ILS transaction with the California Earthquake Authority

Swiss Re Capital Markets has structured and placed $775 million of insurance-linked securities (ILS) by Ursa Re II, to be used for the protection of the California Earthquake Authority (CEA).   23 October 2020

ILS

Peak Re hires Clarence Wong as chief economist

Peak Reinsurance Company, the Hong Kong-based reinsurer with operations in Bermuda, has appointed Clarence Wong as chief economist.   23 October 2020

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.