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  • A trio of collateralised reinsurance writers took a $156mn share of the $1bn Florida Hurricane Catastrophe Fund (FHCF) placement.
  • Credit Suisse Asset Management's Niklaus Hilti said that rates on the insurance-linked securities (ILS) market moving into "quite stable ground" provides a good indication of the reinsurance market's likely direction.
  • Richard Brindle will not look to establish a platform to underwrite on behalf of third-party capital until market conditions improve, the entrepreneur told The Insurance Insider, as start-up Fidelis started writing on its own balance sheet.
  • A report by research, risk and asset management company Conning has found that US managing general agent (MGA)-sourced premium exceeded $33bn in 2014.
  • Few joins Amlin; Hiscox appoints Worth; Hannebert quits CCR; New Zealand floods; Markel appoints; Endeavour team joins Ropner; Allstate cat losses; Axis bid doubtful; IGI UK hires Curtis as CFO; Willis cyber reboot; Besso dual promotion; Creasy joins Charles Taylor; R&Q modest loss; RenRe the largest FHCF reinsurer; Political risk capacity $2.4bn; Tech threat: Duperreault; Beale defends broker model; Rowan's return; Bill causes death; Channel hires; ‘Controlled softening' due:
  • Berkshire Hathaway's approach to accessing premiums in the reinsurance and global specialty insurance space has changed meaningfully over the last few years
  • Panama-domiciled reinsurer Barents Re is looking to establish a European risk carrier with up to $200mn of start-up capital, The Insurance Insider understands.
  • The ousting of long-time Cooper Gay Swett & Crawford CEO Toby Esser leaves Lightyear Capital with essentially the same dilemma that it has faced for the last year
  • Private equity house Cinven has hired Evercore to handle the divestiture of its closed UK life insurer Guardian Financial Services, The Insurance Insider has learned.
  • Less than a year after leaving Aspen, where he was CEO of reinsurance, James Few is set to resurface as global managing director of Amlin's reinsurance division.