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Florida-based UPC Insurance received the Sponsor of the Year award at the 2017 Trading Risk awards held in London last week.

The president of broker and advisory house TigerRisk has warned that the insurance industry faces a choice between evolution and extinction as new forms of capital shake up the market

Two Florida insurers have joined a number of carriers seeking cover from the cat bond market in the run-up to the hurricane season, sister publication Trading Risk reported last week

Munich Re is managing $200mn of funds allocated to the Leo Re vehicle by Dutch pension fund service provider PGGM, sources told sister publication Trading Risk

A challenging investment performance hit overall profits at Peak Re in 2016, even as underwriting earnings increased by a third

The broking giant Willis Towers Watson has rebranded its investment banking division, the company said in a statement today.

UK insurers plan to invest in more complex securities over the next year, according to an Axa Investment Management (Axa IM) survey of investment decision-makers

For all the confidence on show from AIG's management team as they fronted up to sell-side analysts last week, it was hard to look past the absence of Peter Hancock and any news about his likely replacement.

Everest Re is hoping to raise $600mn from new two Kilimanjaro Re II cat bonds, sister publication Trading Risk reported yesterday.

Insurance spreads on new cat bond deals this year have dropped by 12 percent on average during the marketing process, as insurance-linked securities sponsors pressed hard to take advantage of a softening market.

Brit raised $40mn of new third-party capital for its Versutus sidecar to support its North American property insurance binder business.

Lloyd's insurer Icat Syndicate 4242 managed to get a 10 percent discount on the premium for its Buffalo Re cat bond, as investor demand pushed down pricing on the deal.