-
Ratings agency AM Best has removed Hamilton Re, formerly SAC Re, from under review with negative implications and affirmed its A-financial strength rating.
-
Data and analytics group CoreLogic has acquired catastrophe modelling company Eqecat from its parent ABS for an undisclosed sum, a CoreLogic spokesperson has confirmed.
-
Two Sigma and Duperreault lead SAC Re buyout; Cayman cuts fees; European storms; ILS market could take on terror risk
-
Hedge fund Two Sigma Investments will take over as investment manager for SAC Re's assets after a sale deal was agreed for the Class 4 Bermudian reinsurer, sister publication The Insurance Insider reported
-
Former Validus Re CEO Conan Ward has been working with hedge fund Two Sigma as it undertakes due diligence on SAC Re, sister publication The Insurance Insider revealed.
-
Jardine Lloyd Thompson (JLT) has agreed to buy the reinsurance broking arm of consultancy group Towers Watson for $250mn in cash, the London-based broker said today (20 September)
-
Berkshire Hathaway has returned to the life settlements market for the first time since 2006 as it completed the $60mn purchase of a portfolio with a face value of $300mn.
-
Private equity behemoth Blackstone is in talks to buy the up-for-sale stake in Goldman Sachs' UK subsidiary Rothesay Life, which is valued at between £800mn-£900mn.
-
Goldman Sachs is looking to sell a majority stake in its UK subsidiary Rothesay Life within the next year, according to reports.
-
Private equity firm Stone Point and legacy insurer Enstar are set to buy global specialty insurer Torus in a cash-and-shares deal worth $692mn
-
Switzerland-based ILS fund manager Secquaero Advisors has announced plans to launch a new non-life only fund with new management partner Schroders.
-
New York-listed consultancy Towers Watson has discreetly begun marketing its reinsurance broking arm, including the Towers Watson Capital Markets brand, sister publication The Insurance Insider revealed earlier this week.