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...
Lloyd’s Launches 2nd Protected Cell Company to Provide Greater Flexibility for Investors August 8, 2022 Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance...
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...
Neon Sponsors 2nd ILS Transaction via UK Transformer Vehicle NCM Re January 8, 2019 Neon announced it successfully has raised third party capital to support its second insurance linked securities (ILS) transaction through its...
Neon Launches First ILS Vehicle in UK, NCM Re January 3, 2018 Neon announced it has launched the first ILS vehicle in the UK, NCM Re (UK PCC) Ltd., and raised third...
Randall & Quilter Buys Bermuda-Based Segregated Accounts Captive Company July 18, 2016 Randall & Quilter Investment Holdings Ltd. has acquired Agency Program Insurance Co. (SAC) Ltd., a Bermuda-based segregated accounts captive company...
Bermuda-Based Artex Buys Hexagon Insurance PCC, to Boost ILS Capability March 30, 2016 Artex Risk Solutions announced it has entered into a definitive agreement to acquire the cores of Guernsey-domiciled Hexagon Insurance PCC...
Willis Launches Protected Cell Company Insurance Facility in Vermont September 30, 2015 Willis Global Captive Practice, a unit of Willis Group Holdings plc, today announced it has set up a Willis-owned and...
MDS Group Launches HighDome, a Self Insurance Protected Cell Company July 2, 2012 European and Latin American insurance and reinsurance brokerage and risk consulting provider, MDS Group, announced the launch of HighDome PCC...