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Willis Capital Markets and Advisory has changed its name to Willis Towers Watson Securities.
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Florida-based insurer Heritage reported a $2.9mn loss in the fourth quarter as it took a $19mn hit from Hurricane Matthew and increased reserves due to litigated claims.
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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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Jay Nichols has stepped down from his role as Axis Re CEO after five years with the firm, the company announced today.
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Assured Risk Cover (ARC) is marketing a new parametric hurricane insurance cover to Floridian buyers
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The London market could withstand a scenario of two subsequent major catastrophe losses costing $200bn in total, according to a white paper from an industry steering group.
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SunTrust Bank becomes ILS trustee; Arch backs Premia; Floridian M&A; Russian reinsurer; Longevity swaps; Omers and Allied; Aeolus acquisition; Brazil parametric deal; BHSI eyes Japan
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Munich Re has listed a second tranche of Eden Re II sidecar notes, keeping the vehicle's total size stable at $360mn, Bermuda Stock Exchange (BSX) announcements show.
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Stone Ridge Asset Management secured $2bn of capital commitments for its new post-event reinsurance fund throughout 2016, according to the company's latest annual report.
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Lloyd's worries; Nine Merchants; Scor CoCo; PSERS adds RenRe; Silverton renews; Athene IPO; Fronting start-up; New ILS launch; Ironshore sale
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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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Future Fund prepares for reinsurance scale; Leadenhall targets US investors; PSERS returns
