Reinsurance
What the papers said this week
The Sun Pantomime stars have been told not to throw sweets to children in the audience for fear...
Kiln to buy Belmarine
Lloyd's insurer Kiln has revealed it is to buy Belmarine Insurers. Belmarine, which is based in Lieg...
Adjuster hits UK radio
Cunningham Lindsey's venture Fraudline is set to have its first series of radio advertisements in th...
Trident sells 3m Axis shares
Class of 2001 Bermudian (re)insurer Axis has announced that one of its founding investors, the Trident II fund and related entities have agreed to sell three million of Axis’ common shares in a block trade.
Hannover Re completes US specialty exit with Praetorian sale
Hannover Re today has announced it is to sell its US subsidiary, Praetorian to QBE.
Advent latest to join Lloyd’s Bermuda rush
Lloyd’s–based catastrophe reinsurance specialist Advent is to set up a reinsurance operation in Bermuda.
Kiln buys Belgian marine agency
Lloyd's (re)insurer Kiln has announced it is to buy Belmarine Insurers for approximately €9.45m including a deferred element estimated to be €1.08m.
Marsh offers ACA training
Broking giant Marsh has received accreditation to offer the associate chartered accountant qualifica...
Aspen launches alternative to credit default swap
Aspen Insurance today announced the completion of an insurance policy which has characteristics similar to a credit derivative. The policy is for up to $420 million of reinsurance receivables, in a transaction with Deutsche Bank, an AA rated investment…
Bermuda platform Syncro behind ICAT-Chaucer deal
It has emerged that Syncro, a Bermuda-domiciled financial platform which was established earlier this year {link}, was used for the recent transaction which saw ICAT Holdings set up a Lloyd’s syndicate for 2007 .
Benfield in bumper $19.5m Lancashire pay-day
Reinsurance broker Benfield has pocketed $19.5m from the sale of warrants in class of 2005 Bermudian start-up (re)insurer
Aspen in $156m share buyback, as founders lighten holdings
Bermudian (re)insurer Aspen has announced it will by back $156m-worth of its ordinary shares from two of its founding shareholders, the Blackstone Group and CSFB Private Equity.
Guy Carpenter and Amlin stake bid for first London paper-less claim
Reinsurance broker Guy Carpenter and Lloyd's (re)insurer Amlin say they have completed the London Ma...
Don't diversify just for the sake of it!
Mark Geoghegan is inspired by one rating agency's proactive approach to the thorny issue of diversification credits for (re)insurers
PXRE expense ratio tops 200%
Troubled Bermudian reinsurer PXRE has announced results for the third quarter showing net income of ...
Flagstone in $175m New York IPO, Europe expansion
Class of 2005 Bermudian reinsurer Flagstone Re has filed with the Securities and Exchange Commission...
A fond farewell to a fine year
With a surprisingly calm, catastrophe-free year nearly behind us and an abundance of fresh capital poured into the market, David Spiller finds much to be grateful for as the year draws to a close
The calm after the storm
Baden-Baden veteran Eric Alexander encounters a meeting where everyone kept his or her powder dry until later in the year
'Lucky' Buffett posts bumper third-quarter profits
The sparse North Atlantic hurricane season has meant Berkshire Hathaway's reinsurance businesses mad...
Recruitment moves
Broker BMS has announced that Alexander Johnston will become non-executive chairman of the group on ...
[ST] Rethink - Wheeling and dealing - your thoughts.
Rethink is where you tell us what is happening in your industry - This month you give us your views on recent lloyd's deals
Hannover Re receives China licence
Hannover Re has received a licence from the China Insurance Regulatory Commission (CIRC) to transact...
Guy Carpenter claims catastrophe CDO first for Catlin
Reinsurance broker Guy Carpenter and fellow group company MMC Securities have placed a $200m collate...
A lone fanatic in the rain
Dear Friend, You may have recognised the slightly unhinged male model leering at you from the vanta...