Renaissance Re has launched an indirect wholly-owned subsidiary, Underwriting Managers US, to support the growth of new products and services to the United States specialty market. 6 August 2013
Willis has appointed Michael Harden, the chairman of Willis Re Australia, as CEO of Willis Re Bermuda, effective January 1, 2014. He replaces James Kent who is now president of Willis Re North America. 6 August 2013
Third Point Re has begun its IPO on the New York Stock Exchange, with an initial common share price expected to be between $12:50 and $14:50. 5 August 2013
Allied World says the changing legislative landscape around healthcare in the US means big opportunities for insurers – but only those prepared to innovative and tailor bespoke solutions. 2 August 2013
21 insurers were registered during the second quarter of 2013, building on the 13 insurers registered during the first quarter of the year, according to statistics from the Bermuda Monetary Authority. 31 July 2013
91.5 percent of Leadenhall Capital’s investor mix is made up of pension fund capital, according to data released by the ILS investment manager, reflecting rising interest in the convergence space. 26 July 2013
Non-life ILS issuance could yet exceed $7 billion for the year as interest in the convergence space is sustained, according to a report published by Willis Capital Markets and Advisory. 26 July 2013
Demand for insurance within the renewable energy industry may rise to between $1.5 and $2.8 billion by the end of the decade, according to a new study by Bloomberg New Energy Finance. 25 July 2013
