specialty reinsurance News

MGA Chord Re Launches as Specialty Reinsurer, Writing on Behalf of Neon

Chord Re, a new underwriting vehicle established by Stefan Long, formerly head of Aspen Re London, has launched operations on Nov. 6. Chord Re expects to both structure and lead programs in specialist classes and will initially underwrite on behalf …

Fidelis Sponsors MGA to Expand into Niche Specialty Reinsurance

Fidelis Insurance announced that it is further developing its niche specialty offerings by sponsoring a new managing general agent that focuses on specialty reinsurance. Fidelis said it will be providing investment and cornerstone capacity for the MGA, which is expected …

Ascot Taps Hiscox Healthcare Specialists, Thompson, Williamson & Keith

Ascot Underwriting Ltd. announced that Ian Thompson, Nick Williamson, and Justin Keith will be joining Ascot on March 1 to underwrite healthcare, casualty treaty, and specialty reinsurance business, based in Ascot’s office in Bermuda. The appointments are subject to regulatory …

RenaissanceRe Gets Regulatory Nod to Acquire Platinum Underwriters

RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its previously announced acquisition of Platinum Underwriters Holdings, Ltd. The transaction remains subject to approval by the shareholders of Platinum at Platinum’s previously announced shareholder meeting …