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Aspen Reinsurance said yesterday it formed a new division, Aspen Capital Markets, to expand its participation in the alternative reinsurance market. Brian Tobben was appointed managing director of the newly created unit, the company said. Mr Tobben j...

Bermuda-based specialist ILS and investment management firm, CATCo has appointed a new group general counsel and company secretary. Judith Wynne, who has more than two decades experience in corporate governance, M&A, investments, legal and complianc...

Another sizeable catastrophe bond has been listed on the Bermuda Stock Exchange, underscoring the Island’s leading position as a global centre for the insurance-related securities. The $500 million of Series 2013-1 notes issued by Bermuda-domiciled s...

Bermuda’s Aspen Insurance is expanding its presence in America with the formation of a specialty marine, energy and construction unit within its US Insurance business. The unit will be led by Anthony S. Carroll who has been named its executive vice p...

As new capital flows into the market from increasingly diverse sources, including hedge funds, pension funds and catastrophe bonds, a number of reinsurance companies have appointed senior executives to evaluate the changing landscape. Arch, Argo, Axi...

Reinsurance executives have a chance to discuss a new method of catastrophe modelling next week during a morning seminar. Technology and business consulting firm BCS-IBM Bermuda, in partnership with London-based Oasis Loss Modelling Framework (LMF), ...

The catastrophe bond market is set to have a bumper year in 2013 say experts with Bermuda at the forefront of the insurance-linked securities industry. According to an article in trade publication Intelligent Insurer, a strong cat bond issuance suppo...

The Bermuda Stock Exchange has added another feather to its insurance-linked securities cap by giving listing approval to a new $250-million catastrophe bond deal. Bermuda-based specialty purpose insurer Everglades Re 2013 is the vehicle for the sing...