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CCR Re sets up France-domiciled sidecar 157 Re to access new ILS investors
Alternative Risk Transfer
Medium sized reinsurer CCR Re has set up 157 Re, a sidecar vehicle, which it said is the first to be domiciled in France, to give it access to new ILS investors.   28 March 2019
Arch Capital-backed Watford expects Nasdaq listing this week
Insurance
Arch Capital-backed Bermuda re/insurer Watford Holdings expects to start trading on the Nasdaq Global Market on March 28, having filed its registration statement with the US Securities and Exchange Commission.   27 March 2019
Nat cat claims drive £1bn market loss at Lloyd's of London in 2018 results
Insurance
A volatile investment environment and a costly year for natural catastrophes drove an aggregated loss of £1 billion in 2018 at Lloyd's of London – but its results were still a significant improvement on 2017 when it lost double this amount.   27 March 2019
Insurance
Specialist insurance and reinsurance market Lloyd's of London has outlined a new "plan of action" to address reports of sexual harassment in the market and create a safe and inclusive working environment.   27 March 2019
Insurance
Insurtech startup Sayata Labs, a provider of risk assessment solution for the cyber insurance industry, has raised $6.5 million in seed funding.   26 March 2019
Insurance
Bermuda-based Hamilton Insurance Group's Lloyd's unit CEO Dermot O’Donohoe is leaving the company following its definitive agreement with Liberty Mutual to acquire Pembroke Managing Agency and Ironshore Europe DAC.   26 March 2019
Insurance
UK-based managing general agent (MGA) platform Volante Global has hired three senior underwriters to spearhead its entry into the Canadian market.   25 March 2019
Insurance
The departure of four people from an Arthur J Gallagher team to join the Ardonagh group was viewed as a “planned attack”, according to John Thompson, a managing partner at Alesco, as he gave evidence in the poaching case brought by AJG.   25 March 2019
Insurance
The European Commission has approved Marsh & McLennan Companies' (MMC's) acquisition of re/insurance broker Jardine Lloyd Thompson Group (JLT), conditional on the divestment of JLT's global aerospace practice.   25 March 2019
Insurance
Willis Re, the reinsurance division of broker Willis Towers Watson, has hired Steve Robson as head of London market reinsurance claims.   25 March 2019

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