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CATstream, Aon Benfield Securities’ latest facility focused on the cat bond market, promises to deliver expedited and simplified transactions to clients. Paul Schultz of Aon Benfield Securities talked to Bermuda:Re about its potential. 29 September 2014
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Argo Re, the Bermuda-based subsidiary of Argo Group, has launched an alternative reinsurance unit. 29 September 2014
News
Bermuda-based PartnerRe has expanded its reach with the launch of an African reinsurance company dedicated to agricultural risk. 24 September 2014
ILS
Bermuda-based Horseshoe Group has confirmed it plans to launch operations in Gibraltar later this year. 24 September 2014
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Bermuda-based run-off specialist Catalina has signed an agreement to acquire Danielson Indemnity Company, the holding company of two Californian insurers, from Covanta. 24 September 2014
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Xuber, Xchanging’s insurance software business, has launched its enhanced product offering for Bermuda’s reinsurance market. 24 September 2014
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The mergers & acquisitions (M&A) unit of Ironshore International has expanded to provide coverage for political risk exposures. 23 September 2014
ILS
A strategic partner of Bermudian niche reinsurer Phoenix CRetro has been licenced to post collateral abroad as part of its retro reinsurance capacity provision. 22 September 2014
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Bermuda-based reinsurer ACP Re has completed its acquisition of insurer Tower Group International. 19 September 2014
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Three aviation losses this year have hit aviation underwriters hard. Many claims have been paid and shared already, yet question marks remain as to how these events will affect rates and behaviour in this niche market. 19 September 2014
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