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RenaissanceRe has announced several management changes that include Aditya Dutt, president of RenaissanceRe Ventures, taking on the additional role of the company's treasurer next year
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Nephila's Lloyd's syndicate has almost doubled its capacity for 2017 from this year, making it one of the fastest-growing vehicles in the London market
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Nicaragua has received a $1.1mn payout from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) due to Hurricane Otto, which battered parts of Central America last month.
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Florida-based insurer United Insurance Holdings (UPC Insurance) has placed its first quota share reinsurance cover and renewed a $30mn aggregate contract for 2017, shoring up its reinsurance after taking losses this year.
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Guy Carpenter has appointed its head of Asia Pacific operations James Nash to the newly created role of president, international.
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Aspen Re sidecar Silverton Re has expanded to $130mn in size for 2017, the reinsurer announced today
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Susan Lane has left Tokio Solution Management after the company simplified its management structure from having two co-CEOs to one executive leading the company
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French asset manager Amundi has agreed to acquire Pioneer Investments from UniCredit in a EUR3.55bn ($3.74bn) cash deal, the companies announced this morning
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XL Bermuda is targeting $1bn from two new Galilei Re cat bonds in one of the largest transactions at launch in the ILS market's history, Trading Risk understands
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Mitsui Sumitomo Insurance has partnered with Nasa to use data from the space agency's satellites to design a parametric weather product, according to media reports
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Another start-up has joined the ranks of carriers targeting the fronting market for US primary business, which will be led by former Third Point Re executives Tony Urban and Shane Haverstick
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Florida insurance losses from Hurricane Matthew have reached $729mn, up 20 percent from the state regulator's last summary.
