Markets/Coverages: Ariel Green Expands Tech Performance Ins. Consortium at Lloyd’s May 29, 2024 Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology Performance Insurance (TPI) Consortium. First launched in...
Markets/Coverages: Ariel Re and Hiscox Re & ILS Launch Cyber Catastrophe Consortium April 25, 2024 Re/insurer Ariel Re and Hiscox Re & ILS, the reinsurance and insurance linked securities arm of insurer Hiscox, announced the...
Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance September 27, 2023 Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial...
Ariel Re Raises $270M of Capital to Support Growth Opportunities March 6, 2023 Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has secured $270...
Ariel Re Obtains Approval to Launch Managing Agent at Lloyd’s October 5, 2022 Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has obtained approval to launch a...
Ariel Re Sponsors 6 Bermudian Students for Summer Internship Program June 30, 2022 Six Bermudian students will be learning about the global reinsurance industry this summer as part of an internship program with...
Berkshire Hathaway Invests in Ariel Re, Extends Quota Share Agreement January 11, 2022 Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.’s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further strategic...
Private Equity Investors Pelican Ventures, J.C. Flowers Complete Ariel Re Deal November 25, 2020 Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group....
Private Equity Investors Pelican Ventures, J.C. Flowers to Buy Ariel Re from Argo Group November 2, 2020 Pelican Ventures and J.C. Flowers & Co., both private equity investors with significant insurance expertise, announced they have agreed to...
U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’ July 24, 2018 By L.S. Howard The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still...