UK terrorism reinsurer Pool Re is considering tapping the newly minted UK insurance-linked securities market through an issuance worth at least $100mn, sister publication Trading Risk reported.
Nephila Capital is planning to launch its own managing agency, replacing current turnkey firm Asta Managing Agency with its own personnel to run its Lloyd's Syndicate 2357 in-house, according to sister title Trading Risk.
Tokio Marine is launching a new earthquake cat bond which will protect both itself and subsidiary, Nichido Fire Insurance, sister title Trading Risk has reported.
The Bermuda Monetary Authority (BMA) has been criticised for demanding new disclosures from local alternative reinsurance operators without sufficient consultation with involved parties.
