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  • UK-listed asset manager Schroders has bought a 30 percent stake in ILS fund manager Secquaero Advisors, the company announced today.
  • Aspen Reinsurance has hired former PartnerRe executive Brian Tobben to lead the company's new capital markets division.
  • Ace Limited has become the latest (re)insurer to enter the collateralised reinsurance space with the launch of $95mn special purpose vehicle Altair.
  • The Florida Department of Financial Services is suing Allianz and its Bermudian subsidiary Allianz Risk Transfer (ART) for more than $20mn after alleging that the insurance group conspired to "loot" failed Floridian insurer Magnolia Insurance.
  • The Turkish Catastrophe Insurance Pool has lifted its planned cat bond to $250mn from a $100mn target as indicative insurance-linked spreads on the deal dipped below 3 percent, sources said.
  • This was our inaugural Sifma roundtable, hosted during what turned out to be a bumper conference for the industry with a record level of participants taking over the hotel corridors to debate the growing prominence and power of alternative market capacity.
  • ANV stake adds to OTPP's heavyweights; LGT opens Bermudian cells; Blue Capital in second round of fundraising
  • Property sums insured for European windstorm risk have increased by 1.9 percent year-on-year across the 11 markets covered by data company Perils
  • PartnerRe is the latest reinsurer to establish its own strategic sidecar vehicle with the launch of the $75mn Lorenz Re
  • Leadenhall Capital Partners has launched its first commingled fund solely focused on life insurance-linked investments, the Dublin-based Leadenhall Life Insurance Linked Investments Fund