Following its initial public offering, Third Point Re’s share price has risen from an initial $12.50 per share, to $13.16 as of 21 August following early trading, according to data from the NYSE. 21 August 2013
Appetite for reinsurance M&A looks to be on the verge of change, with rising levels of capital market interest and strengthened price to book values likely to encourage greater pursuit of M&A in the coming eighteen months. 21 August 2013
A.M. Best has affirmed the ratings of Alterra Bermuda Limited and its affiliated operating companies even as the integration continues following the company’s acquisition by Markel Corporation. 14 August 2013
Stuart Anderson has stepped down as CEO of Iron-Starr Excess Agency. He will be replaced by Mitch Blaser, COO of Ironshore, who will serve as interim CEO. 14 August 2013
Fred Cooper has been appointed EVP and head of US financial institutions insurance at Endurance. He will be based out of the company’s New York offices. 14 August 2013
Following Third Point Re’s recent IPO, Bermuda:Re spoke with Pete Cangany, partner at Ernst & Young about the timing and nuances of a re/insurance IPO. 8 August 2013
