retrocessional

At the mid-year reinsurance renewals our market sources are suggesting that availability of retrocession is far better than was seen at 1/1, with rate increases also decelerating more than had perhaps been anticipated just weeks ago.

Reinsurance broker Gallagher Re has appointed industry-loss warranty (ILW) and retrocession broker Alex McManus to lead its index-based capabilities in Bermuda.

Phoenix CRetro, a niche Bermudian collateralized retrocessional reinsurance firm, has assisted Ukrainian insurance firm BROKBUSINESS in becoming the first CEE based re/insurer with a license to post reinsurance collateral abroad.

Lancashire Holdings, the global provider of specialty insurance and reinsurance products and third-party reinsurance capital management firm, has revealed further details about its Kinesis Capital Management initiative. Kinesis Capital Management was recently revealed as the brand name for Lancashire’s third-party capital efforts.

Richard Brindle, CEO of Lancashire Holdings, a global provider of specialty insurance and reinsurance products and third-party reinsurance capital firm, said that the firm is insulated from feeling too much of the impact of new third-party reinsurance capital due to its focus on specialty and non-elemental exposures.

The softening of reinsurance rates, primarily seen in U.S. property-catastrophe line reinsurance renewals to date, shows evidence of spilling over into other markets, according to the latest reinsurance renewals report from the reinsurance broking arm of global broker Willis.

A new firm called Phoenix CRetro has launched targeting the catastrophe retrocessional reinsurance market while offering a way for institutional investors and capital providers such as re/insurers in Central and Eastern Europe (CEE), the Commonwealth of Independent States (CIS) which consists of countries formerly part of the Soviet Union and the Middle East & North […]

Global provider of specialty insurance and reinsurance products and third-party reinsurance capital firm Lancashire Holdings has announced a new appointment within its third-party capital management brand Lancashire Capital Management. Mathieu Marsan has been appointed as Portfolio Manager & Actuary for the firms Capital Management division.

Global provider of specialty insurance and reinsurance products and third-party reinsurance capital management firm Lancashire Holdings looks set to launch another sidecar under the successful Accordion Re branding. The first Accordion Re sidecar was so named as it was said to be designed to shrink or expand with Lancashire’s needs, investor  for catastrophe risk and […]

Global insurance and reinsurance group Alterra Capital announced its fourth-quarter and full-year 2012 results yesterday and gave some insight into the contribution that its collateralized reinsurance and retrocession sidecars bring to the groups income. Alterra had two sidecars in operation in 2012, New Point IV which was formed in 2011 and the more recent New […]