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Neon, the specialty (re)insurer led by Martin Reith, is expected to add Argo's reinsurance buyer Mark Gibson to its staff over the summer, sources told Trading Risk.
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Hudson Structured Capital Management has invested $20.1mn in a run-off transaction linked to workers’ compensation liabilities, the fund manager announced
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Bermuda-based Hamilton Re has established its first collateralised retro sidecar, Turing Re, which will provide $65mn of capacity to support its reinsurance portfolio
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Everest Re ceded a total of $19.8mn of losses to its Mt Logan Re sidecar in the first quarter, up from $9.1mn a year earlier.
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The newly established City National Rochdale Select Strategies fund is now expecting to invest 80 percent of its assets via Iris Re, according to a US Securities and Exchange Commission listing.
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Hannover Re Q1; UPC hit by costs; FedNat profits fall 67%; Securis SPA; London innovation; Munich Re results...
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First quarter returns from a number of ILS funds investing in private reinsurance instruments have come in significantly below gains delivered in the same period last year, in what is likely a reflection of elevated catastrophe activity in Australia
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Lancashire reported $5.4mn of profit commission from its Kinesis sidecar in the first quarter, compared to $1.8mn in Q1 2016.
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Net income for DaVinci Re has dropped by 27 percent year-on-year to $41.21mn for the first quarter, after lower investment gains impacted the result
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Incremental new demand from private market insurers in Florida could help to foster more stable rates at the 1 June renewals, Everest Re reinsurance CEO John Doucette said on the company's Q1 earnings call.
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Assets under management at Everest Re's Mt Logan Re sidecar rose by $75mn during the first quarter to reach $942mn by 1 April, the reinsurer disclosed in a Q1 earnings presentation.
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Demand for crop reinsurance is falling rapidly, partly due to M&A in the underlying insurance business, sister publication The Insurance Insider reported