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Credit Suisse-backed Arcus Syndicate 1856 has recruited former Berkley Re underwriter Sarah Smith to join its underwriting team.
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Mexico will seek a renewal of its catastrophe bond covering earthquake and hurricane perils this July, according to a report from Reuters.
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Sompo Japan Nipponkoa Insurance has raised the target size of its Aozora Re 2017-1 cat bond by some 48 percent to $400mn, according to Trading Risk sources.
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A bipartisan bill which would pave the way for a private flood insurance market in the US was once again put before the House of Representatives on Thursday.
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Federated National ceded $25.6mn of Hurricane Matthew losses to its reinsurers in the fourth quarter, but the $21.4mn of losses it retained from the event pushed the company to a $12.1mn net loss for the period
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Prudential Retirement has agreed to take on £960mn of longevity risk from annuity provider Rothesay Life, covering 22,500 pensioners across eight pension plans.
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The owners of legacy specialist Catalina - Apollo and two Canadian pension fund investors - have retained banking advisors that could lead to a partial or full sale of the firm.
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Lottery company MyLotto24 said its 2017 earnings would take a EUR15mn hit due to a jackpot payout that fell within its insurance retentions
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Lloyd's insurer Novae said that its partnership with London-based ILS manager Securis Investment Partners helped it achieve growth of 4.7 percent in 2016.
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Hannover Re ceded 55 percent more catastrophe losses to its retro partners in 2016 than in 2015, passing on EUR219mn ($231mn) of claims throughout the year.
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Brit sidecar Versutus has grown its collateralised reinsurance capacity by $40mn to $150mn after adding in cover for its North American property insurance binder business
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Lloyd's insurer Icat Syndicate 4242 is set to close its Buffalo Re cat bond at $164.5mn as pricing on the deal dropped as much as 10 percent below original targets, Trading Risk understands.
