White Mountains' reinsurance subsidiary Sirius is set to close its insurance-linked securities (ILS) fund in 2015, however its Sirius Capital Markets (SCM) division will remain open, sister publication Trading Risk revealed last week.
Lloyd's insurer Canopius continued its recent recruitment drive last week with the hire of Delta Lloyd's offshore wind insurance underwriting team, led by Maarten Mulder.
Delta Lloyd's offshore wind insurance underwriting team, led by Maarten Mulder, is leaving to join Canopius at the start of next year, The Insurance Insider understands.
The Abu Dhabi Investment Council is the sole equity backer of Credit Suisse Asset Management's Guernsey start-up reinsurance vehicle Kelvin Re, a report from rating agency AM Best has revealed.
Talbir Bains, who was responsible for reinsurance, performance and pricing within QBE Europe's retail division, has resigned from the firm after 13 years, The Insurance Insider has learned.