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Aspen Capital Markets said that it expanded its Peregrine vehicle for 2017 as well as increasing the size of its Silverton Re sidecar, as previously announced
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Scor's former head of its corporate solutions division Emmanuel Fierens has moved to a new role of deputy head of underwriting management and retrocession, the reinsurer announced
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RenaissanceRe posted a 5 percent increase in fees and profit commissions from third-party investors in its property reinsurance portfolios last year.
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XL disclosed in its annual report that it had sold part of its stake in New Ocean Capital Management for $3.9mn.
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Alleghany's profits from its stake in Bermudian ILS manager Pillar and its reinsurance funds fell to $2.9mn in the fourth quarter, down from $8.4mn in the same period last year.
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Aon Insurance Managers and SS&C Technologies have announced a new collaboration to offer ILS managers a joint platform that incorporates fund administration, valuation and transformation services.
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Nephila Capital and Greenlight Re were the two reinsurers that wrote a new quota share cover for United Insurance Holdings, the Florida company's management disclosed on its fourth quarter earnings call
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Scor recovered EUR210mn from its non-life retrocession partners throughout 2016, which was up 6 percent from the EUR198mn of ceded claims in 2015
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Universal Insurance Holdings posted a pre-tax profit of $22.7mn for the fourth quarter, which included a loss of $26.6mn due to Hurricane Matthew.
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Lloyd's syndicate Icat 4242 has launched its first cat bond transaction with the $125mn Buffalo Re, Trading Risk understands
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Floridian insurer Heritage is seeking to raise $125mn from the Citrus Re 2017-1 cat bond in its fourth ILS transaction, according to Trading Risk sources.
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Droughts have triggered a $2mn insurance payout to Kenyan farmers under a private-public insurance scheme backed by Swiss Re.
