Insurance Linked Securities (ILS) are increasing trusted and being invested in by institutional asset owners who would remain invested even after a major hurricane, claims a new survey. 31 January 2018
Nephila Holdings, parent company to Nephila Capital, has expanded its weather and ESG-driven business with the launch of a new specialty division, Nephila Climate (NCx). 31 January 2018
Blue Capital Reinsurance Holdings has reported break-even results of $0.0 million for the fourth quarter of 2017 and a net loss of $43.2 million for the twelve months ended December 31, 2017. 31 January 2018
AXIS Capital Holdings has announced that subsidiary AXIS Managing Agency, which manages Syndicate 2007, has signed a reinsurance deal with StarStone. 30 January 2018
Scottish Re Group has devised a sale and restructuring plan for its Cayman Islands subsidiary, Scottish Annuity & Life Insurance Company Cayman (SALIC), and SALIC’s US subsidiary, Scottish Holdings (SHI). 29 January 2018
David Cohen, president and chief underwriting officer of Aspen Insurance Holdings, is now leading the day-to-day management of the company’s insurance business, reporting to Group chief executive officer, Chris O’Kane. 26 January 2018
Aspen Insurance Holdings has admitted a preliminary estimate of approximately $135 million in pre-tax losses, net of reinsurance and reinstatement premiums, for the fourth quarter of last year. 26 January 2018
