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...
PartnerRe Appoints Hiscox’s Hughes as CEO Third Party Capital October 22, 2020 PartnerRe Ltd. announced that Andrew Hughes will join PartnerRe in the new role of CEO, Third Party Capital, subject to...
COVID-19 Couldn’t Stop Robust Quarter for ILS Issuance: Aon July 31, 2020 Usage of insurance linked securities the first six months of 2020 is already 20% higher than all of 2019, underscoring...
Hong Kong-Based Peak Re to Acquire Bermuda ILS Asset Manager Lutece April 8, 2020 Peak Reinsurance Co. Ltd. has entered into definitive agreements to acquire 100% of the capital of Lutece Holdings Ltd. and...
Canopius Acquires Bermuda-Based Specialty Reinsurer Multi-Strat Holdings March 16, 2020 Canopius Group Ltd. has purchased a majority stake in Bermuda-based Multi-Strat Holdings Ltd. Financial details of the transaction were not...
Hamilton Rebrands ILS Platform as Hamilton ILS, Promotes Ali as New Lead Executive January 10, 2020 Hamilton Insurance Group Ltd. announced its insurance-linked securities (ILS) platform has a new name and a new lead executive. Formerly...
January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 6, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Brit Launches the First ILS Fund at Lloyd’s December 9, 2019 Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd’s...
Willis Re Securities Completes €120 Million Catastrophe Bond for France’s Covéa Mutual November 19, 2019 Willis Re Securities reports it has structured and placed EUR 120 million of insurance-linked securities (ILS) to provide reinsurance capacity...
Gallagher’s Artex Risk Completes Purchase of ILS Specialist Horseshoe Insurance November 18, 2019 Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed...