reinsurer

Bermuda headquartered, hedge fund backed, reinsurer Third Point Reinsurance Company is planning to expand its footprint in the reinsurance marketing with the opening of an office in London’s financial district. Pending regulatory approval, Third Point Re are launching a subsidiary called Third Point Re Marketing (UK) Limited, which they incorporated as a company at the […]

Not strictly on-topic for Artemis, but no doubt of great interest to our readers, major buy-outs and mergers in the reinsurance sector are big news as they allow for the movement of capital around the sector and are the end-goal of many investors who commit capital to the reinsurance space. So the news today that […]

Bermuda based, hedge fund backed, reinsurer Third Point Reinsurance Company has made two new appointments of well-respected figures from the Bermuda reinsurance market, we can reveal. We heard rumours of these two hires last week and have had the appointments confirmed by Third Point Re.

The global reinsurance sector was strong enough to emerge from the disaster struck year 2011 with its capital base largely intact, according to a report from rating agency Standard & Poor’s. In general S&P believe that global non-life reinsurers hold excess capital relative to their rating levels, however they do note that the level of […]

Validus Holdings Ltd. are the second Bermuda based reinsurance group to announce the launch of a new sidecar vehicle for the 2012 hurricane season, see our earlier article on RenaissanceRe’s launch of Timicuan Re III here. Validus have announced the formation and launch of the latest in their AlphaCat sidecar series, AlphaCat Re 2012 Ltd. […]

Hedge fund backed Bermuda reinsurer Third Point Reinsurance Company have published a press release announcing further operational milestones as the start-up company gets down to business. Third Point Re was launched with the backing of New York based hedge fund Third Point LLC and raised over $750m of capital ($785m apparently) which they’re now putting […]

Recently formed reinsurer Third Point Reinsurance Company, which launched with the backing of New York based hedge fund Third Point LLC and raised over $750m of capital as we wrote here, has announced two senior appointments both of whom have left reinsurance broker Aon Benfield to work for the startup Bermuda reinsurer.

It’s being reported in some of the financial and hedge fund press that the start-up reinsurer being launched with the backing of New York based hedge fund Third Point LLC  has closed its initial fundraising round on the 27th December having raised over $750m in initial capital. We presume that Third Point Re will be […]

The president of the Federation of European Risk Management Associations (FERMA), Peter den Dekker, has called on reinsurers to work with their ultimate customers, corporate insurance buyers, to develop solutions for natural catastrophe risks. Speaking at the opening of the 2011 FERMA Risk Management Forum, den Dekker implied that the recent spate of disasters shows […]

Ratings agency Standard & Poor’s published a report on Monday this week providing some insight on the health of the global reinsurance industry. It says that their outlook on the sector remains stable as the multiple catastrophes faced this year fails to erode most reinsurers capital surplus. The report contains some interesting thoughts on reinsurers […]