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Questions remain around whether the ILS market will be able to maintain its momentum heading into the final quarter of 2015.
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Ace has placed a modest sum of property catastrophe reinsurance cover in a private ILS placement, sources told Trading Risk.
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Former Goldman Sachs executive Michael Millette has formed Hudson Structured Capital Management, as he builds up his new investment management business.
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United Insurance Holdings set up a new captive reinsurer backed by third-party capital when it renewed its 2015 reinsurance programme
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PartnerRe now oversees $134mn of third-party capital through its Lorenz Re platform, after expanding its sidecar's initial capital base by 68 percent.
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Billy Welch has left Aon Securities, where he was an associate director in the Chicago office, Trading Risk understands.
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Second quarter operating profits at Axis dropped 46 percent year-on-year to $94mn, in the mid-point of the forecast pre-announced range.
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Lancashire earned $0.9mn of profits from Kinesis during the second quarter - unchanged from a year ago.
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The slide in RenaissanceRe's catastrophe premiums stopped in the second quarter as it posted a stable level of managed cat premiums written at $439.3mn
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Takeover target PartnerRe is running off its Lorenz Re sidecar after its two-year term concluded, although the reinsurer said it would still use the vehicle's infrastructure to retrocede risk to third-party investors.
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Aspen's gross property cat reinsurance premiums fell by a third year-on-year to $53.5mn in the second quarter, continuing a trend noted at the January renewals.
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Everest Re's group-wide reinsurance premiums shrank 13 percent on a constant dollar basis during the second quarter, although its Mt Logan Re sidecar bucked the trend by posting continued expansion.