ILS
-
The California Earthquake Authority (CEA) plans to cut its budget for reinsurance broking services by more than a third, according to agenda documents from a meeting of the company's board held last week.
-
-
Amlin's reinsurance division boosted its top line by 13 percent year-on-year during the first half, surpassing £1bn of gross written premium (GWP) as it wrote more business for Leadenhall Capital Partners.
-
IAG has drawn down A$70mn ($51mn) from its aggregate reinsurance cover, as its natural peril claims for the 2015 financial year surpassed A$1bn.
-
The global (re)insurance industry must have been very bad in a previous life, for the amount of other people's suffering we have had to endure since the global financial crisis began has been enormous.
-
Global reinsurers shrugged off cyclical market pressures during the second quarter, as a number of carriers bolstered their top lines despite ongoing softening of pricing and terms.
-
Mike Millette's new investment vehicle, Hudson Structured Capital, is expected to target a range of reinsurance sectors as well as transport structured finance, sister publication Trading Risk reported last week.
-
The Turkish Catastrophe Insurance Pool (TCIP) will close its Bosphorus cat bond on target at $100mn, after having earlier indicated it might expand the bond to $200mn.
-
State National expects that Nephila will use less of its capacity in 2015 than previously forecast, as it reported $3.2mn in ceding fee income over the second quarter from the fund manager
-
Catco's London-listed Catco Reinsurance Opportunities Fund has delivered a 4.47 percent increase in net asset value during the first half of the year, compared to 4.3 percent in H1 2014.
-
Montpelier Re treasurer and CEO of its Blue Capital asset manager Bill Pollett has resigned following the company's merger with Endurance, according to a Blue Capital announcement on the London Stock Exchange
-
US fronting specialist State National has announced a 31 percent year-on-year increase in second quarter revenues to $46.4mn
