-
Arch is understood to be taking a minority equity stake of up to $100mn in Watford Re as the Bermudian start-up gets ready to go live with circa $1bn of high net worth capital behind it
-
The arrival of Arch's Watford Re could represent the start of a fundamental shift in the casualty reinsurance market that drives down the cost of capital for writing business that has increasingly been retained by insurers in recent years
-
Ken LeStrange is set to take the position of chairman at Pine River Re in a move that will reunite him with his former Endurance Specialty colleague Bill Jewett, The Insurance Insider can reveal
-
Two of the cat bonds in the latest crop of new issuance have demonstrated the potential for divergent modelling views to emerge on indemnity offerings.
-
US insurer Chubb is considering increasing the size of its new East Lane Re VI cat bond to $270mn as indicative pricing on the deal softened by almost 15 percent, Trading Risk understands.
-
Tokio Marine's Kizuna Re II Japanese quake bond has grown from $200mn to $245mn with pricing set at the lowest bounds of guidance amid strong investor interest, Trading Risk understands.
-
American Strategic Insurance Group has increased the size of its debut cat bond Gator Re from $125mn to $200mn as pricing tightened below initial guidance, according to sources.
-
Amlin says it expects its partnership with London-based insurance-linked securities (ILS) fund manager Leadenhall Capital Partners to help grow its catastrophe reinsurance portfolio, after it lifted gross premiums in this business line by 2 percent in the January 2014 renewals.
-
Argo Re will join peers such as Allianz Risk Transfer, Hannover Re and Tokio Millennium Re as a participant in the fronted reinsurance market, lending out its rated paper to unrated companies.
-
Don Kramer's ILS Capital Management launched underwriting operations at the January 2014 renewals, including writing a small portfolio of marine retro business for Berkshire Hathaway, sister publication Trading Risk reported late last month.
-
Hedge funds and other alternative asset managers are lining up to revolutionise the casualty and other non-cat sectors
-
As soft market pricing pressures grow, Insider Quarterly offers a 10-point guide to surviving as an underwriting castaway in 2014
