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Sidecars mirror ILS demand
Reinsurance
The start of 2013 has been characterised by yet more reinsurers forming sidecars. These are increasingly being seen as a feather in the cap for the reinsurers forming them while also reflecting a wider demand for ILS products. Intelligent Insurer reports   16 April 2013
News
Boosted by a slight hardening of rates on some lines and a relatively benign period of catastrophe activity, it seems many reinsurers have responded to the difficult investment environment by improving the profitability of their underwriting books. A number of reinsurers have posted healthy combined ratios for their 2012 results in recent weeks.   12 February 2013
News
Validus’s acquisition of small Bermuda crop reinsurer Longhorn Re has been described as a shrewd move by analysts who have welcomed the diversification it brings the bigger company. The crop reinsurance market also looks set to benefit from rate hikes after heavy losses in recent years.   7 February 2013
Insurance
Bermudian re/insurer Argo Group has stressed that the recent sidecar it formed, capitalised by capital market investors, is very different to similar vehicles launched by its rivals.   16 January 2013
Reinsurance
TigerRisk's CEO Rod Fox explains why the opportunities for the broker are greater than ever, how client success lists are being rapidly realised and why people misunderstand his long-standing association with the US Navy SEALs.   1 November 2012
Insurance
Global insurer RSA has become a member of the Managing General Agents’ Association (MGAA).   13 July 2012
News
RenaissanceRe has announced the formation of a new sidecar, called Timicuan Re III.   1 June 2012
Insurance
Whether the Island remains the central hub of the reinsurance world may be questioned these days, yet there is no doubt that investors, analysts and buyers alike set great store on the performance of Bermuda’s insurers and reinsurers.   1 June 2012
News
Validus Re has appointed Kean D. Driscoll as chief executive officer.   22 May 2012
News
Bermuda reinsurer Validus has announced a net income of £124 million for the first quarter of 2012.   27 April 2012

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