Lockton Re Partners with Nephila Capital to Launch Automated ILS Placement Solution August 11, 2021 Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced a first-of-its-kind, digital capability...
People Moves: Peak Capital’s Manning to Miller; Carpenter’s Jones to Lockton Re, and Aon’s Mula to McGill and Partners June 11, 2021 This wrap-up of international People Moves details recent appointments at three brokers: Miller, Lockton Re and McGill and Partners. A...
Catastrophe Bonds Positioned to Tap Into Demand for Socially Responsible Investments April 5, 2021 By Tasos Vossos Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters...
World’s 1st Catastrophe Bond for Volcanic Eruptions Aims to Improve Disaster Relief March 23, 2021 The Danish Red Cross is offering the world’s first catastrophe bond for volcanic eruptions, which is designed to improve the...
Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon February 4, 2021 Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new...
UK Regulators Approve Lloyd’s Special Purpose Vehicle to Attract New Forms of Capital January 14, 2021 Lloyd’s announced it has received regulatory approval to set up a new multi-insurance special purpose vehicle, which aims to attract...
W. R. Berkley Corp. Launches Special Purpose Reinsurer in Bermuda December 28, 2020 W. R. Berkley Corp. announced the formation of Lifson Re Ltd., a special purpose reinsurer registered in Bermuda and licensed...
Credit Suisse Shuts Humbolt Re and Kelvin Re After Investor Withdrawals December 10, 2020 By Patrick Winters and Marion Halftermeyer Credit Suisse Group AG is winding down two reinsurance vehicles with assets of about $2 billion after key investors moved...
ILS Capital’s Prospero Re Gets Bermuda Regulator Nod to Write Traditional Reinsurance December 3, 2020 Prospero Re Ltd., a reinsurance company wholly owned by ILS Capital Management with $250 million in statutory capital, has received...
Hamilton Launches New Bermuda Special Purpose Insurer Called ‘Ada Re’ November 23, 2020 Hamilton Insurance Group Ltd. announced the launch of Ada Capital Management Ltd., a Bermuda-regulated insurance agent authorized to underwrite on...