Nick Duffin, a reinsurance broker with 14 years of experience across lines including retrocession, industry loss warranties (ILW’s) and property treaty, is transferring from London to Bermuda for JLT Re.

A study conducted by the United Nation’s (UN) highlights the significant cost that weather-related disasters cause across the globe, and with the expectation of more frequent and more severe events in the future, an urgent need to improve disaster resilience and mitigation is again brought to light.

London headquartered specialist insurance linked securities (ILS) and reinsurance investments manager Securis Investment Partners has teamed up with specialist Lloyd’s of London insurer Novae Group plc to launch a new special purpose syndicate focused on U.S. E&S property business.

Recent loss events around the world have highlighted the fact that as ILS funds and managers increasingly deploy capital through collateralised reinsurance and private deals, they are becoming more specialist and diversified but also more exposed to a range of loss events.

Specialist insurance and reinsurance linked investment manager Leadenhall Capital Partners LLP has raised a new injection of capital for one of its funds from an unnamed U.S. university pension fund.

Global reinsurance firm Munich Re is seeking investor support for a renewal of its Eden Re II Ltd. fully-collateralized reinsurance sidecar, Artemis understands. Last year Munich Re raised $290 million through the sidecar, but for 2016 the firm is seeking up to $430 million.

As global primary insurance group AIG gets to grips with the pressures being placed on it by activist investors, resulting in a cull of senior management, one of those leaving the firm is Samir Shah, Head of Capital Markets.

Fosun International Limited has now completed its acquisition of the remaining 80% of Ironshore that it did not already own, helping it to grow its footprint in insurance and reinsurance, as it becomes a more insurance-oriented investment group.