The recent hardening of reinsurance rates might be a short-lived phenomenon, according to Aon Benfield’s latest Reinsurance Market Outlook report, which analyses the trends observed at the January 1, 2018, reinsurance renewals. 10 January 2018
Bermuda-based Sequant Re Holdings, the collateralized reinsurance and insurance-linked securities (ILS) investments start-up, will be liquidated after the vehicle struggled to raise enough funds. 9 January 2018
Fidelis Insurance has promoted Richard Coulson to the position of chief underwriting officer of Fidelis Underwriting. He takes up this role with immediate effect and will report to Daniel Burrows, chief executive officer of Fidelis Underwriting. 9 January 2018
AXIS Capital Holdings and its operating subsidiaries has received authorisation from Lloyd’s for AXIS Managing Agency to commence management and oversight of Novae Syndicate 2007 and SPS 6129. 9 January 2018
The Bermuda Stock Exchange (BSX) reinforced its position as the global leader and listing venue of preference for issuers of Insurance Linked Securities (ILS) over 2017, it claimed in its end of year statement. 9 January 2018
Everest Re Group has appointed Jonathan Zaffino to the position of president and chief executive officer of the Everest Insurance division. 8 January 2018
Charles Goldie, formerly CEO of specialty lines at PartnerRe, has been appointed chief executive officer of PartnerRe’s property & casualty division, following the retirement of Tad Walker. 5 January 2018
A flood of catastrophe bonds entering the insurance linked security (ILS) market helped to push it to a new record level of issuance, breaching $10 billion for the first time, according to a new report from PCS. 5 January 2018
