
Reinsurance

RGA launches life sidecar Ruby Re
Sidecar designed to enhance the group's access to capital for its growing US asset-sensitive business

Augment Risk appoints McGill's Matson as CEO
Newly launched reinsurance broker hires McGill and Partners partner Andrew Matson to lead the business

Florida's Citizens eyes potential $5.5bn reinsurance buy in 2024
Last resort insurer plans unified reinsurance tower for its three accounts, rather than individual towers seen in recent years

Hamilton to focus new capital on property reinsurance
Bermuda carrier’s executives plan to deploy the proceeds of the recent IPO ‘as quickly as possible’

Hamilton swings to Q3 profit as catastrophe losses plunge
Bermuda-based group’s combined ratio improves 29.9 points to 92.6% in the third quarter as it swings to underwriting profit of $24.9m

James River names Bowman chief of specialty admitted business
Bermuda-based re/insurer promotes senior vice-president of programme management

QBE Europe names Purkis market management executive
Purkis will be responsible for developing the company's distribution strategy in continental Europe

Howden acquires Swiss reinsurance broker Haakon
Fast-growing broker continues expansion of its European reinsurance platform with latest deal

KKR to take full ownership of Global Atlantic
US investment firm to acquire remaining 37% of Bermudian carrier for $2.7bn

Arch Re names Habay as head of ILS business development
Bermuda-based carrier hires Third Point executive to drive development of its insurance-linked securities platform

Northern Re raises $50m additional capital
Collateralised reinsurer boosts committed capital to $75m with second fundraise
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