Enstar Group, in conjunction with private equity firm Stone Point, has entered into a definitive agreement to acquire global specialty insurer Torus Insurance Holdings in a transaction with a total consideration of $692 million. 9 July 2013
Global reinsurers are having to offer improved pricing, terms and lines sizes in order to respond to increasing pressure from the capital markets, says Willis Re. 4 July 2013
Tom Luning joins Aspen Re as the head of US regional business development, a role in which he will be responsible for delivering and enhancing Aspen Re’s range of products. 25 June 2013
For Bermuda reinsurers able to work around South African regulation, a primary market eager for innovative thinking and considered a stepping stone to the wider continent awaits. 18 June 2013
AM Best has recognised ACE’s “consistent focus on underwriting profitability” and the strength of its company-wide ERM as it revised the group’s outlook from stable to positive. 18 June 2013
The latest group of hedge-fund backed reinsurers may have timing and a similar investment strategy in common, but they are in fact very different animals. 18 June 2013
The New York Department of Financial Services has released its report into the world of ‘shadow insurance’ in which certain insurers employ shell captives to reinsurer particular risks and artificially lower their capital requirements. 13 June 2013
