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Markel to acquire Nephila to become largest manager of ILS funds
Alternative Risk Transfer
Markel Corporation is to acquire Nephila Holdings in a deal that will create an entity with assets under management between Nephila and Markel CATCo of some $19 billion.   31 August 2018
Insurance
Liberty International Underwriters, a division of Liberty Mutual Insurance, has entered into a strategic alliance with NJ PURE, a New Jersey-based not-for-profit medical malpractice insurer.   11 March 2014
Maiden to sell North America reinsurance operations
Insurance
Maiden Holdings is in advanced discussions regarding the sale of its wholly-owned subsidiary, Maiden Reinsurance North America (MRNA) to a third party.   30 August 2018
Insurance
Amazon’s rumoured plan to set up an insurance price comparison service is unlikely to cause much impact in the insurance industry and there would be far more disruptive opportunities for Amazon to enter the market, insurtech Bought By Many co-founder Steven Mendel, told Intelligent Insurer.   30 August 2018
Insurance
Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year.   24 April 2017
Alternative Risk Transfer
The Insurance Linked Strategies (ILS) team at Lombard Odier Investment Managers has completed its first bond transaction using blockchain, the immutable ledger for recording transactions.   8 January 2018
Insurance
Re/insurer XL Catlin has appointed Todd Wilhelm as regional product leader for growing its energy, property and construction book in Asia Pacific. He will be based in Singapore.   8 January 2018
Insurance
Catastrophe risk management firm RMS has added five catastrophe modelling companies to its ecosystem RMS(one).   16 April 2014
article
Cat bonds protecting sovereign risk present a relatively simple solution for governments and investors, but they are not free from complexities. The greatest of these is the design of the trigger, according to Clive O’Connell, partner, head of insurance and reinsurance at McCarthy Denning.   30 May 2019
Insurance
Mutual insurance company AEGIS is expanding the stamp capacity for Syndicate 1225 by 21 percent year on year to £400 million in 2018 to “take advantage of opportunities,” the company said.   26 February 2018

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