Brokers

The broker said deployable ILS capacity could become more broadly constrained, but equally there were signs capital could increase.

The insurer is exploring using the vehicle for a quota share as well as access to the firm’s Syndicate 5623.

Rick Pagnani was most recently CEO of Everest Re’s Mt Logan vehicle.

Looking ahead to the rest of the year and 2020, how likely is it that the industry will hold to its resolutions?

As less ILS capital was available at 1 January, retro rates rose by up to 35 percent on loss-hit deals, the broker said in its 1st View report.

The global property reinsurance professional will be joining the start-up broker as executive vice president.

The corporate finance adviser has held roles at Deutsche Bank, Citigroup and Morgan Stanley.

BGC Partners has agreed to buy Lloyd's broker Ed Broking from private equity house Lightyear Capital, adding to its previous acquisition of London market intermediary Besso.

Coin Re will aim to reduce the cost of insurance by aggressively reducing reinsurance costs, Blanch said.

Terms of the deal were not disclosed.

Former Aon broker Jonathan Hughes will join the firm's retrocession team, reporting to head of retro Alex Bridges.

Edward Torres was most recently director of capital markets at PartnerRe but left after the company reworked its ILS offering.