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In this new role, the carrier’s US and Europe claims teams will report to Clayden.
The platform aims to “bend the loss curve”.
Mark Connellan is the latest addition to Bassel Matta’s team.
A roundup of the breaking news, C-suite interviews and exclusive insights.
The carrier’s chief buyer urged a partnership approach from reinsurers.
Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
Lloyd’s has pursued a Big Game Hunting strategy to lure major insurers into the market.
Bill Bouvier has spent more than three years at the legacy firm in this role.
An M&A senior analyst and M&A underwriter for emerging markets are also set to depart.
The syndicate will be targeting approximately $50mn of GWP in its first year.
Sources said that the carrier has held preliminary talks with private debt investors.
Geopolitical turbulence brings new challenges that primary specialty lines carriers urgently need to address.
Being conservative and stable is the name of the reinsurer’s game.
Scale is increasingly becoming a differentiator for reinsurance carriers, the broker noted.
Fleming’s attempt follows those of other legacy carriers that have had recent successes raising capital.
The insurer’s plans for the syndicate were revealed by this publication earlier this year.
Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
The company, however, sets a high bar on making a move.
Hannover Re Capital Partners is in talks with two investors for 1 January launch.
The pair were offered contracts by Willis Re in July.
Pine Walk has grown substantially and is on course to write $1.2bn of premium this year.
One of the options being explored is setting up a dedicated company for the wholesale vertical.
Anticipation, motivation and inspiration are central to effective implementation.
Reinsurers are ready to draw a line under a worsening claim outlook across the casualty market.
A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.
Competitor news
Competitor news
Competitor news
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Cat bonds have outperformed private ILS strategies in the YTD, according to ILS Advisers. -
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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Behind the Headlines Podcast
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In Partnership WithDamian Cooper, Partner with PwC Bermuda discusses life reinsurance growth and regulatory challenges.
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In Partnership WithArthur Wightman, Territory Leader for PwC Bermuda discusses industry challenges and Bermuda's key role in reinsurance growth and climate initiatives.
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In Partnership With Fidelis PartnershipCharlie Matthias Deputy Chairman and Group Executive Director for The Fidelis Partnership discusses how ESG practices can drive societal change, improve underwriting, and ensure sustainable growth in insurance.
From our other titles
From our other titles
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Property cat aggregate placement grew 50% in 2025: Aon
Supply for property outstrips demand, but the casualty market is “bifurcated”.
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Ascot aims to establish Wayfare Re as an 'evergreen' source of capital
The global specialty player is also exploring ILS offerings across specialty and cat bonds.
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Moody’s seeks comments for new cat-bond rating methodology
Market participants have until 13 October to provide any comments.
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Q2 stat data shows trouble in key commercial lines
The other liability loss ratio continued to rise as workers’ comp and commercial auto reversed course.
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Hannover Re to set up ILS platform in Bermuda
Aaron Garcia will hold a senior role at the operation, sources have confirmed.
From Insurance Insider ILS
Cat bond funds outpace private ILS by 2.01 points in H1: ILS Advisers
The ILS Advisers Fund Index reported a profit of 1.11% in June.
Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.