Kinesis Capital Management
Kinesis growth continues, limits deployed up 50% in last year
Kinesis Capital Management, the collateralized retrocessional reinsurance unit of specialty re/insurer Lancashire Holdings Limited, has continued to grow its assets under management, taking advantage of opportunities to deploy more limits in the second-quarter. At the January 1st reinsurance renewals this year, the Kinesis unit stood with assets under management that had read the full article →
Lancashire “encouraged” by improving discipline & pricing: CEO Maloney
Lancashire Holdings is "encouraged" by the evidence of improvements in discipline and pricing across the insurance and reinsurance market, according to its CEO Alex Maloney. The global specialty focused insurance and reinsurance firm reported its results today, along with the CEO giving his view on how the market is responding to read the full article →
Lancashire CFO Whelan to retire in 2020
Elaine Whelan, the Chief Financial Officer (CFO) of Lancashire Group and executive director and Chief Executive Officer (CEO) of Lancashire’s Bermuda-based subsidiary, Lancashire Insurance Company Limited, is to retire from the company in 2020. She will continue her roles through the remainder of 2019 and the 2019 financial year-end process, with read the full article →
Kinesis seeing more opportunities as market turns: Lancashire CEO
Kinesis Capital Management, the third-party collateralized reinsurance arm of Lancashire Holdings, is seeing much more in the way of underwriting opportunities in the currently turning market, according to Alex Maloney, CEO of Lancashire. We already knew that Kinesis had grown its assets under management by around 20% at the start of read the full article →
Evidence re/insurance is going through a transition: Lancashire CEO Maloney
There is evidence that the insurance and reinsurance market is going through a transition right now, according to Lancashire Holdings CEO Alex Maloney. After the consecutive years of softening rates across many areas of insurance and reinsurance, followed by two years of challenging catastrophe losses that have hit certain areas of read the full article →
Kinesis assets under management up 20% year-on-year
Assets under management held by Kinesis Capital Management, the collateralized retrocessional reinsurance unit of specialty re/insurer Lancashire Holdings Limited, grew its assets under management 20% year-on-year. Lancashire's Chief Underwriting Officer Paul Gregory said that the company was delighted with the support shown by the Kinesis investor base, helping it to increase read the full article →
Lancashire bucks the loss creep trend, Kinesis underwriting fees rise
Specialty insurance and reinsurance group Lancashire Holdings Limited has benefitted from setting prudent reserves for the major hurricanes of 2017, reporting today that its ultimate loss estimates for those events have fallen when others have crept higher. Lancashire has been hit by 2018 wildfires and other catastrophe events, which have dented read the full article →
Kinesis Capital Management hires Saphia Charters as Controller
Kinesis Capital Management, the third-party capital underwriting operations of specialty insurance and reinsurance firm Lancashire Holdings has hired Saphia Charters as the firms new Controller for Finance and Operations. Charters joins Kinesis from her most recent role as Vice President with JLT Insurance Management (Bermuda) Ltd, where she worked with a read the full article →
Lancashire expects discipline at 1/1, Kinesis fees flow despite loss activity
In reporting its results today, the CEO of specialty insurance and reinsurance group Lancashire Holdings Limited said he is anticipating a more disciplined market in terms of pricing at the key January 2019 renewals. Lancashire fell to a loss in the third-quarter of the year, as the impact of both man-made read the full article →
Lancashire hit by Q3 catastrophe & marine losses
Specialty insurance and reinsurance group Lancashire Holdings Limited has pre-announced some expected third-quarter catastrophe and marine losses, which the firm expects will drive it to a negative return on equity for the quarter. Lancashire has broad exposure in the property and specialty reinsurance markets, hence the firm is always likely to read the full article →
