ILS

TransRe has promoted Kyle Rhodes to the new role of global head of business development as the firm seeks to build more strategic alliances with targeted customers and brokers

Berkshire Hathaway chairman Warren Buffett has donated shares in the company worth $3.17bn to five charitable foundations including the Bill & Melinda Gates Foundation.

Insurance-linked securities (ILS) returns have outpaced yields from stocks and investment grade corporate bonds over the past 15 years, according to analysis from Lane Financial

Cat bond sponsors took advantage of strong investor demand in the second quarter of 2017 to bulk up on insurance-linked securities (ILS) cover, with the upsizing of transactions adding $1.9bn to quarterly volumes.

Zaffino bonus; Posgate dies; Brokers probed; Willis Re CEO; Zurich hires; IRB Brasil IPO; DfID cat cover; Hurricanes forecast; Aegis' power outage push; Equine MGA.

Insurance industry investment bank Stonybrook Capital has set up a board, tapping industry veteran Ian Winchester and Holborn COO John DiGregoria as independent directors along with three insiders for the new governing panel.

AmTrust Financial Services has joined the list of first-time cat bond sponsors in 2017 as it seeks to raise $100mn from Fortius Re II, according to Trading Risk sources

Final regulations for a London market insurance-linked securities (ILS) regime are likely to address issues the industry raised with previous drafts

Guy Carpenter has launched a new unit offering retrocession services to clients in the Asia Pacific region.

Amlin-owned insurance-linked securities (ILS) manager Leadenhall's support of InsurTech life insurance start-up Gryphon Group Holdings is connected to a reinsurance transaction, Trading Risk reported.

Swiss Re expanded its Sector Re sidecar to $492mn midway through 2017 to increase its retro support from the vehicle by $100mn in the past year, sister publication Trading Risk revealed last week.

Markel Catco Investment Management CEO Tony Belisle has extended his contract with the parent of the company he founded for another two years