Monthly Archives: November 2016

News review | November 28 2016

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The Bermuda Monetary Authority (BMA) has released its first report to highlight Bermuda’s reinsurance industry’s resilience to major, but improbable, catastrophic events. The market is more exposed to Atlantic hurricane than...

News review | November 21 2016

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Reinsurance, catastrophe and weather risk-linked investment fund manager Nephila Capital is set to benefit from a new source of Texas wind insurance risk, as its managing general agency (MGA), Velocity Risk Underwriters positions...

News review | November 14 2016

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Argo Group International Holdings has entered into an agreement to acquire Bermuda reinsurer Ariel Re for approximately $235m cash. “Ariel Re is a terrific fit for Argo Group – operationally and culturally,” says Argo Group...

News review | November 07 2016

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Hedge fund manager Elliott Management Corporation is set to acquire a controlling interest in Aeolus Capital Management. The selling shareholders - Peter Appel, founder of ACM, and Allied World - will each retain significant minority...