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Kai Morgenstern is leaving RenaissanceRe after 10 years with the carrier's ventures department, Trading Risk understands.
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Hiscox said that its growing asset management platform Kiskadee helped the carrier's reinsurance segment lift gross written premiums by 20.6 percent in the first half to reach £364.7mn ($479mn).
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AM Best said its A+ rating of Caisse Centrale de Réassurance (CCR) remained unchanged after a Paris court ruling raised questions over the carrier's state guarantee.
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Twelve Capital has completed its third Dodeka cat bond lite for July, the $21.27mn Dodeka X issuance
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Cat bond activity should pick up in the second half of 2016 after a subdued second quarter, Aon Securities CEO Paul Schultz said in the company's latest ILS review.
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Bermuda's ILS industry generated at least 400 jobs in 2015 - a 30-percent increase on the previous year, according to a study by the Bermuda Business Development Agency (BDA).
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Swiss Re is in the early stages of talks with pension funds and sovereign wealth funds, as it looks to sell a £1bn stake in its legacy subsidiary Admin Re, according to reports.
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Law firm Drinker Biddle & Reath has recruited Jay Kallas to join its insurance regulatory and transactional team.
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Markel Catco has created a specific loss reserve for Canadian wildfire claims, which it estimates will cause a 1 percent hit to the net asset value (NAV) of its Catco Reinsurance Opportunities Fund.
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Our news team always has much more fun talking about the quirks of the ILS market than it does traditional reinsurance deals
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Remote risk insurance-linked investment (ILI) strategies are likely to be more insulated from competition in the reinsurance sector, Willis Towers Watson said in its latest annual Global Alternatives Survey.
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TransRe's agreement to underwrite P&C treaty reinsurance for General Re presents a competitive threat for lower-tier reinsurers, according to Janney analyst Larry Greenberg.
