Florida state-backed insurer, Citizens is looking to repeat the success of its first cat bond issued in 2012, with a second bond issuance under Everglades Re this year. 20 March 2013
According to a report issued by Marsh’s Private Equity and Mergers & Acquisitions Services division, demand for transactional risk insurance grew 41 percent globally in 2012. 19 March 2013
Allianz Risk Transfer has finalised an agreement with Bermuda-based, Nephila Capital to provide the company with three years of risk capacity. 18 March 2013
Ironshore and Lexon Surety Group, the 12th largest writer of surety bonds in the United States, have completed the first stage of a new strategic alliance. 18 March 2013
Bermuda-based, Aurigen Capital has moved to acquire Brokers National Assurance Company from Ameritas Life Insurance as it develops its presence in the US life reinsurance market. 14 March 2013
The board of Bermuda-based, American Safety Insurance Holdings, has indicated that the company is exploring “strategic alternatives, including a potential sale of the company”. 14 March 2013
Aon Benfield’s Impact Forecasting unit has released a new suite of historical and hypothetical cat scenario models that will complement re/insurers existing modelling capabilities. 14 March 2013
