Capital markets

Hannover Re ceded 40 percent of its gross aviation claims to retrocessionaires in the first half of 2014.

The new RMS(one) platform is now running a year behind schedule and is not expected to launch before 2015.

Erstwhile Brit Insurance CEO and industry entrepreneur Neil Eckert has reunited with former Augsburg Re aviation underwriter Klaus Gierstner to fundraise for a new managing general agency (MGA).

BMS Capital Advisory has received its broker-dealer license from US authorities and is now able to advise on cat bond issuances and M&A transactions

CCLA Investment Management, a specialist fund manager for UK charities, local authorities and the Church of England, has invested £20.58mn in the London-listed Catco Reinsurance Opportunities Fund

New investors injected capital into Mt Logan Re at 1 July, according to Everest Re's chief underwriting officer John Doucette

RenaissanceRe bought a new $180mn retro cover for its Florida book in the second quarter to protect against frequency and lower-level cat events within the state

Brian Duperreault's Hamilton Insurance Group made a bid for Ariel Re, the Lloyd's business sold to Brazilian bank BTG Pactual last month, as it continues to be frustrated in its M&A ambitions, The Insurance Insider can reveal

Lancashire expects to have an additional $160mn of limit to deploy through its Kinesis sidecar in the 1 January 2015 renewals compared to the amount it had in January 2014, the firm said after its Q2 results were released last week.

Nephila Capital has signed a partnership with State National Companies that will provide the fund manager with $400mn of premium capacity for 2015 and 2016, sister publication Trading Risk reported last week.

Marsh and McLennan (MMC) UK employees enrolled in the firm's defined benefits pension fund will be transferred into a new defined contribution arrangement at the end of this week (1 August) following a long consultation period.

RFIB appoints;  FX hits Hiscox; Swails resigns; Growth stalls; Lloyd's affirmed; Weather blue; Chubb's miss; Higher profits; Mapfre solid H1; Gallagher unveils