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Guy Carpenter launches a new specialty practice that focusing on the development and delivery of innovative cyber reinsurance solutions.   21 February 2014
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James Bishop, Jr. is appointed to lead Ironshore’s newest team.   20 February 2014
Validus tax decision may stoke political fires
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The decision by a US District Court judge to knock back the IRS’s cascading tax theory as it relates to retrocessional excise tax refunds may stoke the political flames under foreign reinsurers according to Goldberg Segalla partner Jeffrey Kingsley.   20 February 2014
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Swan Re, part of a new wave of hedge fund-backed reinsurers setting up shop in Bermuda, hasn’t encountered any headwinds on account of SAC Re’s recent troubles.   20 February 2014
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The draw allows Kinesis Re to underwrite fully collateralised reinsurance business outside of the traditional market renewal season.   19 February 2014
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Lund, whose resignation becomes effective February 28th, will return to his home in Canada.   19 February 2014
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Rubik Reinsurance, Hyaline Re, and Swan Re were all registered with the BMA in the first month of 2014.   19 February 2014
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ACE has promoted Per Bengtsson to property and technical lines manager for the Nordic region and Morten Stensholt has been appointed as property manager, Norway.   18 February 2014
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The impact of broker sidecar facilities is already being felt in property insurance, and, while they represent a low cost and diversified strategy for re/insurance participants, there is a danger that certain such facilities may erode confidence in underwriting.   18 February 2014
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Pine River Capital Management, the $14.3 billion hedge-fund firm, is reported to be looking to raise up to $750 million to capitalise a new Bermuda-based reinsurer called Pine River Re.   17 February 2014

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