Captives still largely a self-insurance tool: David Gibbons, PwC Bermuda
Captive insurance structures are still largely a self-insurance tool for their sponsors, but there is a market there for captives,.. Read More
personal Insurance
Helios targets expansion with third-party capital backing
Helios Underwriting, the Lloyd’s of London focused investment and underwriting vehicle that counts some insurance-linked securities (ILS) market sources among,.. Read More
Palomar completes reinsurance renewal, includes $875m of multi-year ILS capacity
Palomar Insurance Holdings has purchased a reinsurance tower extending to $2.68 billion for earthquake events, with multi-year ILS capacity from,.. Read More
Elementum raises $150m for higher-risk ILS strategy, AUM reaches $3.7bn
We’ve learned that Elementum Advisors, LLC, the insurance and reinsurance linked asset manager, has raised $150 million from investors for,.. Read More
Universal buys reinsurance for $2.831bn first event. Nephila again a key market
Universal Insurance Holdings, Inc. has purchased first-event catastrophe reinsurance coverage of up to $2.831 billion, citing no significant change in,.. Read More
PERILS names Swiss Re's Christoph Oehy as new CEO
PERILS AG, the catastrophe loss data aggregator service, has named a new CEO to replace the outgoing Luzi Hitz, with,.. Read More
Mid-year renewals: Retrocession capacity seen as more abundant than at 1/1
At the mid-year reinsurance renewals our market sources are suggesting that availability of retrocession is far better than was seen,.. Read More
Ledger Investing to provide capacity to UK motor insurtech Pukka: Report
Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, is reportedly set to provide capacity to support,.. Read More
Velocity Risk to acquire a Nephila program insurer from State National
Velocity Risk Underwriters, a catastrophe exposed property insurance specialist managing general agency (MGA) operation that was originally set up by,.. Read More
Ariel Re brings back Partington Howarth as Chief Capital Officer
Ariel Re, the global reinsurance company that is a consistent user of third-party and ILS capital, has announced the hiring,.. Read More
UK Met forecasts above normal Atlantic hurricane activity in 2023
A forecast from the UK Met Office is calling for a high level of tropical storm activity this year,,.. Read More
CATCo portfolio favourable 2018/19 side pocket development continues
Having reported favourable development of its side pocket loss reserves through the final quarter of 2022, the CATCo retrocessional reinsurance,.. Read More
