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Trouble at sea
Re/insurance
Reinsurers usually bear the brunt of losses when it comes to marine disasters, and the specific circumstances of such losses have implications with regard to risk management. Two recent events demonstrate startling similarities which are likely to affect premiums.   30 September 2014
Eastern intentions
Re/insurance
Business volumes in the Chinese market continue to develop in most lines of business, supported by underlying growth and client demand. Yet foreign reinsurers have, to date, been unable to crack such a vast, self-contained market.   30 September 2014
News
Argo Re, the Bermuda-based subsidiary of Argo Group, has launched an alternative reinsurance unit.   29 September 2014
News
Bermuda-based Nephila Capital has provided the risk transfer capacity for a wind variability hedge at New York State’s first community-owned wind farm, Black Oak Wind Farm.   29 September 2014
ILS
Bermuda-based Horseshoe Group has confirmed it plans to launch operations in Gibraltar later this year.   24 September 2014
News
Bermuda-based run-off specialist Catalina has signed an agreement to acquire Danielson Indemnity Company, the holding company of two Californian insurers, from Covanta.   24 September 2014
News
Xuber, Xchanging’s insurance software business, has launched its enhanced product offering for Bermuda’s reinsurance market.   24 September 2014
News
Bermuda-based PartnerRe has expanded its reach with the launch of an African reinsurance company dedicated to agricultural risk.   24 September 2014
News
The mergers & acquisitions (M&A) unit of Ironshore International has expanded to provide coverage for political risk exposures.   23 September 2014
ILS
A strategic partner of Bermudian niche reinsurer Phoenix CRetro has been licenced to post collateral abroad as part of its retro reinsurance capacity provision.   22 September 2014

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