Financial
Enstar offers to acquire Watford Re
Bermuda domiciled re/insurance, run-off and legacy specialist underwriter and investor Enstar Group has made a formal approach to the board of Watford Re’s holding company to acquire the total return focused reinsurance firm. According to a filing, Enstar has offered to acquire all of the ordinary shares of Watford Holdings Ltd., the parent company to…
Read MoreDividend Kings In Focus Part 11: ABM Industries
Updated on October 1st, 2020 by Aristofanis Papadatos ABM Industries (ABM) has an amazing track record when it comes to paying dividends to shareholders. ABM is part of the Dividend Kings, a group of stocks that have raised their payouts for at least 50 consecutive years. You can see all 30 Dividend Kings here. We…
Read MoreWhite Mountains to invest as much as $1bn into Ark Insurance Holdings
White Mountains Insurance Group, Ltd. is set to make a significant investment into re/insurer Ark Insurance Holdings, with plans to ramp up its capacity across the markets it operates in and upgrade its reinsurance capabilities in Bermuda. White Mountains is known for buying stakes in financial services companies, including insurance and reinsurance operations. It also…
Read MoreHow 3 Dividend Stocks Pay Me $1,500+ Per Year – Lanny’s Dividend Stocks
Dividend investing to $1,500+ from 3 Companies Welcome back Dividend Investors! Today, I am going to show you how 3 Dividend Stocks I own pay me $1,500+ in a single year. The best part about the dividend income I receive from these 3 stocks, is that the income continues to grow, year after year. If…
Read MoreBeazley should buy more reinsurance to protect its shareholders: Jefferies
Analysts from Jefferies said they would advise specialty insurance and reinsurance firm Beazley to look to securing additional reinsurance capital, over other funding sources such as another equity raise, after the firm reported escalating losses and given the active levels of catastrophe loss activity seen. Beazley recently reported a doubling of the estimated cost of…
Read MoreGlobal Parametrics & Hannover Re back another Arbol-powered weather risk pilot
Global Parametrics and reinsurance giant Hannover Re are together supporting a weather risk insurance pilot scheme that is powered by Arbol’s technology and smart contract driven marketplace for weather risk transfer. The pair are supporting the AGRIBEE Crop Insurance Pilot with capacity to enable the provision of extreme weather protection cover for smallholder rice farmers…
Read MoreGlobal catastrophe industry loss index to be created by CRESTA
The CRESTA organisation will soon launch a global industry loss index solution, that will provide insured loss data and event descriptions for natural catastrophe insured loss events around the world. CRESTA was established by the insurance and reinsurance industry in 1977 as an independent body for the technical management of natural catastrophe insurance. Now managed…
Read MorePositive cat bond market momentum continues: Q3 2020 Report
The catastrophe bond market saw continued positive momentum throughout the third-quarter of 2020 and despite continued financial market uncertainty and volatility as a result of the Covid-19 pandemic, the result was an above-average quarter of issuance, according to the latest report and data from Artemis. Our latest quarterly report on the catastrophe bond and related…
Read MoreInsurwave bringing parametric triggers to complex commercial lines
Commercial lines focused insurtech platform provider Insurwave has raised £5 million of additional funding to drive further growth and help it expand service offerings for parametric trigger design more broadly into complex commercial insurance and perhaps reinsurance lines. Insurwave is a platform for the insurance ecosystem and among the offerings it has for carriers is…
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