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Markel Re will use third party capital to supply under-served segments of the industry with relevant products, according to Jed Rhoads, president and chief underwriting officer, reinsurance, Markel Re. 18 September 2014

ILS

BSX flattered by imitation to grab ILS

The Bermuda Stock Exchange (BSX) has exceeded 100 ILS structures, with an aggregate market capital of $13 billion. This means ILS now represents one-seventh (14.3 percent) of BSX’s overall official listings and represents a record for the exchange, Gregory Wojciechowski, BSX’s president and CEO, told Monte Carlo Today. 17 September 2014

ILS

Blue Capital: hybrid structure has advantages

While quality clients with attractive margins are harder to come by, the opportunities are still there, William (Bill) Pollett, president and CEO of Blue Capital Management, told Monte Carlo Today. 17 September 2014

News

Innovation remains a priority for Hiscox

Innovation remains at the top of reinsurers’ lists of priorities as firms battle to stay relevant, Ben Love, head of business development at Hiscox Re, told Monte Carlo Today. 17 September 2014

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Xchanging to reinforce position in Bermuda

Xuber, Xchanging’s insurance software business, is set to reveal plans to strengthen its position in the Bermudian insurance market. 16 September 2014

News

Novae plans Bermuda operation

Lloyd’s re/insurer Novae plans to launch operations in Bermuda as a group reinsurer of, and coverholder for, Syndicate 2007 at Lloyd’s. 15 September 2014

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TigerRisk launches in Bermuda

Broker TigerRisk Partners has opened a Bermuda office, which is set to focus on answering the strong demand for retrocessional solutions for Bermuda clients. 14 September 2014

News

Hamilton hires Guy Carp exec to break into US

A former Guy Carpenter executive has joined Bermuda based Hamilton Insurance to help the company break into the US market. 12 September 2014

ILS

Markel Re boosts Bermuda team

Markel Re has strengthened its Bermuda-based operations with a number of leadership appointments. 12 September 2014

ILS

Cat bond issuance rockets: Aon Benfield

Catastrophe bond issuance has seen another bumper year as annual issuance hits $9.4 billion in the 12 months up to June 30, 2014, an increase of 41 percent over the prior year period. 11 September 2014

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