News
Insurance
In the first of our columns from the Association of Professional Insurance Women Isabel Silvestri, its president, tells Intelligent Insurer how organisations like this have helped women break through the glass ceiling and create a new generation of working women. 1 September 2013
Reinsurance
As the ILS market continues to develop, the litmus test of its future potential could be the range of new issuers that are tempted to use this form of risk transfer bringing new risks to the sector. 1 September 2013
Insurance
Many international insurers and reinsurers remain embroiled in litigation that resulted from the financial meltdown, as Michael Barr explained to Intelligent Insurer. 1 September 2013
Insurance
By helping companies and individuals manage risk more effectively, the insurance industry is in a strong position to support economic growth, say Joan Lamm-Tennant and Stefano Dominedo. 1 September 2013
News
BMS Intermediaries has appointed Kurt Johnson as executive vice president. He will be responsible for providing actuarial support and related services for BMS’ client base. 27 August 2013
News
Run-off specialist Catalina Holdings (Bermuda) will now acquire American Safety Reinsurance (ASRe), a Bermuda subsidiary of American Safety Holdings, which is itself merging with financial services holding company Fairfax Financial Holdings, displacing Tower Group International on the deal. 21 August 2013
Insurance
Third Point Reinsurance has priced its initial public offering (IPO) of some 22.1 million common shares at $12.50 per share – at the lower end of the proposed end – raising some $276 million. 15 August 2013
Alternative Risk Transfer
Kane, the global insurance manager, has launched a new independent private catastrophe bond platform. The company said the platform could facilitate the flow of smaller transactions into the collateralized reinsurance sector. 13 August 2013
News
Bermuda-based reinsurer, Third Point Reinsurance, has commenced an initial public offering of 22.2 million of its common shares pursuant to a registration statement on Form S-1 filed with the US Securities and Exchange Commission (SEC). 5 August 2013
News
First Mutual Transportation Assurance Company, a New York State licensed and domiciled captive insurance company and subsidiary of the Metropolitan Transportation Authority (MTA), has become the first company to issue a cat bond to protect solely against storm surge risk. 1 August 2013
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