TransRe

TransRe fronts for Fermat on flat FHCF renewal

There was confirmation of TransRe’s fronting arrangement for Fermat Capital Management as the ILS fund significantly upsized its participation on the excess of loss reinsurance cover for the Florida Hurricane Catastrophe Fund (FHCF).

TransRe appoints London and APAC CEOs

Transatlantic Reinsurance has promoted Louise Rose to the position of chief executive officer for TransRe London – succeeding Geoff Peach as he enters retirement – and Kyle Rhodes to the newly created position of CEO for TransRe Asia Pacific.

Third Point Re adds TransRe’s Sinclair

Bermudian reinsurer Third Point Re has appointed Transatlantic Reinsurance Company’s David Sinclair as a senior vice president, as it continues to build out its participation in the specialty reinsurance space, The Insurer can reveal.

TransRe re-domiciles Zurich operation to Luxembourg

Alleghany’s reinsurance arm Transatlantic Reinsurance has received all necessary regulatory approvals to re-domicile its TransRe Zurich subsidiary to Luxembourg, renaming the arm TransRe Europe S.A.

Chaucer bolsters London A&H book with TransRe hire

Lloyd’s specialty insurer Chaucer has hired Sarfraz Pivano from Transatlantic Reinsurance Company to take up the role of accident & health treaty underwriter in its reinsurance division.

TransRe invests in New Paradigm

US cat MGU New Paradigm Group LLC has received an undisclosed capital injection from TransRe, the New York headquartered reinsurance group.

TransRe takes Q3 $196mn cat losses; Alleghany misses analysts’ consensus

TransRe took $126.2mn of net cat losses from Typhoons Jebi and Trami in the third quarter as part of an overall net cat loss bill of $195.8mn.

Maiden in advanced talks to sell US arm as TransRe buys renewal rights

Troubled Bermudian Maiden has struck a deal to sell a portfolio to TransRe and revealed that it is in “advanced discussions” to offload its $1.1bn North American business to an as-yet-unnamed third party.

Reserve releases at TransRe drive surge in Alleghany profits

Reserve releases within Alleghany’s reinsurance arm TransRe have driven a surge in the US firm’s profits, which climbed 51.8 percent to $174.6mn in the first quarter.