State National continues to grow program fronting business

Fronting and program service insurance specialist State National Companies has again increased the volume of business being underwritten through its Program Services division, as it writes an increasing amount of business for reinsurance capital providers, including no doubt for insurance-linked investment fund manager Nephila Capital.State National’s Program Services sees the read the full article →

Markel sees State National as the perfect conduit of risk to capital

Following the announcement from Markel Corporation that it is to acquire State National Companies for $919 million, Markel executives have discussed the benefits the transaction represents, expecting the takeover to deepen its relationship with alternative capital.The acquisition, which is expected to close in the fourth-quarter of 2017 and remains subject read the full article →

State National program fronting income rises in Q1 2017

Fronting and program service insurance specialist State National Companies, which provides fronting and program services to insurance-linked investment fund manager Nephila Capital, has again grown its income from fees earned as program premiums increased in the first-quarter of 2017.State National's Program Services unit has been steadily growing its business and read the full article →

Hannover Re generates “attractive margins” from ILS & collateralised

Global reinsurance firm Hannover Re continued to generate revenues from its activities in the insurance-linked securities (ILS) and collateralised reinsurance market, as its premium volume from that business remained relatively stable in 2016.Hannover Re reports that it generated "attractive margins" from facilitating ILS and collateralised reinsurance in 2016, with its read the full article →