Speedwell Weather, a provider of weather data, analytics, forecasts, software and consultancy to the weather risk management and derivatives market, has appointed joint CEO’s as it seeks to further develop its business.

One of the most encouraging things to come out of the second-quarter results round so far, is the emergence of some clear messaging from reinsurance industry senior executives that opportunities for growth are available, should you be willing to identify and embrace them.

Reinsurance firm PartnerRe is reported to have reached out directly to Italian investment holding group EXOR S.p.A. and is said to now be willing to negotiate directly with the Agnelli controlled group for the first time.

Intangible, complex risks to economies, insurers and reinsurers around the world are on the rise, owing to globalisation and heightened interconnectedness, signalling a need for greater data on emerging risks, says Lloyd’s of London Chief Executive Officer (CEO), Inga Beale.

There are now three proxy voting advisory firms that have advised reinsurance firm PartnerRe’s shareholders not to vote for the AXIS Capital merger, explaining that the EXOR all-cash offer provides both “premium and certainty.”

Nephila Capital has participated as a reinsurance capacity provider for the African Risk Capacity (ARC), underwriting its first parametric weather risk transfer contract to cover African drought risks through its Lloyd’s of London Syndicate 2357.

Bermudian reinsurance firm and third-party capital management specialist RenaissanceRe remains committed to “generating superior returns for our shareholders and third party capital providers” as the firm reported a more stable quarter.

Once again, third-party reinsurance capital unit Kinesis Capital Management has provided an increased profit contribution to specialty insurance and reinsurance company Lancashire Holdings, which will be welcome as the re/insurer remained disciplined in challenging specialty market conditions.