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Alternative Risk Transfer
Bermuda domiciled Limestone Re has issued $278 million of notes to investors in a private placement transaction that provides collateralised reinsurance for Liberty Mutual’s US property catastrophe programme, as well as US homeowners and global property reinsurance risks. 28 June 2018
Alternative Risk Transfer
According to the latest report on the state of the global ILS market from the Bermuda Monetary Authority, 2017 was an excellent year—but with a few caveats. 28 June 2018
Alternative Risk Transfer
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the Bermuda Stock Exchange reinforced its position as the ILS listing venue of choice, as BSX president and CEO, and chairman of ILS Bermuda, Greg Wojciechowski explains. 28 June 2018
Insurance
Bermuda-based specialty re/insurer AXIS Capital Holdings has expanded its board of directors with the addition of Barbara Yastine. 28 June 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings has developed a new suite of weather-driven risk management products tailored for the real estate and hospitality sectors. 28 June 2018
Insurance
QBE Re, the specialist reinsurance division of Australia's QBE Insurance Group, has appointed Stephen Postlewhite as deputy global chief underwriting officer. 26 June 2018
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Insurance
Bermuda-based Sirius International Insurance Group plans to merge with special purpose acquisition firm Easterly Acquisition in a deal which will result in Sirius becoming a publicly listed company. 25 June 2018
Insurance
Bermuda-based Everest Re Group has launched a new transportation and logistics business segment within Everest Insurance, led by Jeff Engelbrecht. 25 June 2018
Insurance
Grahame ‘Chily’ Chilton, the founding partner of Capsicum Re, is rejoining the specialist reinsurance broker later this year and step down from his role as UK chief executive officer (CEO) of Arthur J Gallagher. 21 June 2018
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