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Yet another cedant buys more cat as rates soften

North America02-07-2014Reinsurance News

Yet another US cedant has stated that they have increased their catastrophe reinsurance programme because of reduced pricing levels in the catastrophe reinsurance marketplace.

Ownership change triggers Wilton Re upgrade

North America02-07-2014Reinsurance News

Rating agency Fitch has upgraded the insurer financial strength (IFS) ratings of Wilton Re and all its different units to A+ from A.

World Bank’s Caribbean cat bond closes

Caribbean02-07-2014Alternative Risk Transfer News

More details have emerged of the catastrophe bond that has been issued by the World Bank on behalf of the Caribbean Catastrophe Risk Insurance Facility (CCRIF).

Aspen-Endurance fight turns ugly as insults get personal

Bermuda, North America02-07-2014Insurance news

The increasingly bitter public battle between the board of Aspen Insurance and Endurance over the latter’s unrelenting, unsolicited bid to buy Aspen has taken an even nastier turn with some of Aspen’s allegations getting personal.

CCRIF confirms World Bank cat bond deal

Caribbean01-07-2014Alternative Risk Transfer News

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has confirmed it has worked with the World Bank to structure a catastrophe bond that would transfer some of its risks into the capital markets.

Arista launches contractors combined plus product

Europe01-07-2014Insurance news

Commercial lines underwriting specialist Arista Insurance has launched a new contractors combined plus product.

Catalina completes Delta Lloyd deal

Bermuda01-07-2014Insurance news

Bermuda-based run-off specialist Catalina Holdings has completed its reinsurance transaction with Delta Lloyd.

New Zealand’s Tower sells remaining life business

Asia Pacific01-07-2014Insurance news

New Zealand insurance company Tower has sold its remaining life business, Tower Life (NZ), to Foundation Life, for NZ$36 million ($31.5 million).

Cunningham Lindsey sells rehabilitation specialist

Europe01-07-2014Insurance news

Cunningham Lindsey UK has reached an agreement to sell its rehabilitation and absence management business, Corpore, to The Treatment Network (TTN).

Sirius launches Lloyd’s managing agency

Europe01-07-2014Insurance news

Sirius International has obtained approval to run its Lloyd’s Syndicate 1945 through its own managing agency.

Showing 15851 to 15860 of 18223 results

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