Reinsurance News
Ariel Re
Ariel Re hires Chief Analytics Officer from Nephila
16th December 2021
Bermuda-based reinsurer Ariel Re has announced that Apryle Oswald has been appointed to the newly created role of Chief Analytics Officer, effective December 20, 2021. Oswald most recently served as Portfolio Manager at Nephila Capital for 8 years and prior to that she spent 7 years with Renaissance Reinsurance Ltd. in ... Read the full article
Ariel Re adds Occam’s Carr to London office as Head of Cyber
23rd September 2021
Bermuda-based reinsurer Ariel Re has added Daniel Carr to its London office as Head of Cyber, effective October 1. Carr most recently served for Occam Underwriting as as Chief Innovation Officer and Cyber Lead. Prior to that he worked as a Cyber Security Specialist with AEGIS in London. Ariel Re says this addition ... Read the full article
Ariel Re provides insurance to backstop Powin’s storage solutions
21st September 2021
Ariel Re, through its Lloyd's Syndicate 1910, has insured the performance of battery energy storage solutions provider, Powin LLC, at a project by Invenergy, a global developer, owner, and operator of sustainable energy solutions, in Baja Californian Sur, Mexico. Powin is a global leader in the design and manufacture of battery ... Read the full article
Ariel Re gains approval for Lloyd’s Managing Agent
23rd August 2021
Bermudian reinsurer Ariel Re has been granted ‘in principle’ approval by the Lloyd’s Council to establish a Lloyd’s Managing Agent. The new company, called Ariel Re Managing Agency (ARMA), is expected to manage the business of Syndicate 1910 and SPA 6117 from early 2022, subject to regulatory permissions. “We are pleased to ... Read the full article
Ariel Re sponsors its first 144a catastrophe bond
18th June 2021
Bermudian reinsurer Ariel Re is sponsoring its first 144A index-triggered catastrophe bond, which is being issued by Bermuda special purpose insurer Titania Re. Titania Re will provide $150 million of multi-year collateralised reinsurance protection to Ariel Re structured using an indexed industry loss trigger. The company's inaugural cat bond provides it ... Read the full article
Ariel Re adopts Allphins’ risk platform
10th June 2021
Bermudian reinsurer Ariel Re has partnered with Allphins to use its platform to help with exposure and risk management. Ariel Re’s adoption of the Allphins platform will enable the reinsurer to generate more accurate exposure figures faster and produce in-depth analysis over their Marine and Energy book of business. Allphins uses machine ... Read the full article
Ariel Re appoints Allstate’s Mike Pedraja CFO
20th May 2021
Bermudian reinsurer Ariel Re has announced two key appointments to its senior management team, including Mike Pedraja as group Chief Financial Officer. Pedraja, who previously served as Senior Vice President and Treasurer of Allstate, will be responsible for leading the finance function as well as capital management and investor relations. He has ... Read the full article
Ariel Re recruits Nephila’s Tim Shreeve to lead Platform Development
10th May 2021
Bermuda-based reinsurer Ariel Re has appointed Tim Shreeve as Head of Platform Development. Shreeve joins the company from Nephila Capital, the insurance-linked securities (ILS) specialist manager, where he served as Head of Platform Planning. He spent nearly 10 years at Nephila in Bermuda, having joined the company in September 2011. Prior to this, ... Read the full article
Argo received $30m for Ariel Re sale
25th November 2020
Specialty insurer and reinsurer, Argo Group International Holdings Ltd., has confirmed that it received $30 million at the closing of its sale of Ariel Re to private equity investors Pelican Ventures and J.C. Flowers & Co. It was announced earlier today that the two private equity investors have now completed ... Read the full article
Argo completes sale of Ariel Re to Pelican Ventures and J.C. Flowers
25th November 2020
Private equity investors, Pelican Ventures and J.C. Flowers & Co., have completed their previously announced acquisition of Ariel Re from Argo Group International Holdings. Founded in 2005, Ariel Re had been part of Argo Group since 2017. The company underwrites a global portfolio of reinsurance solutions in Bermuda, London and ... Read the full article
Apollo sees major property cat opportunities in Pelican, JC Flowers partnership
3rd November 2020
Independent specialist re/insurer Apollo Syndicate Management has underlined the opportunities it sees in the property catastrophe reinsurance space, ahead of its operational partnership with Pelican Ventures and J.C. Flowers & Co. It was announced yesterday that Argo had reached an agreement for the two private equity investors to acquire its ... Read the full article
Argo agrees Ariel Re sale to Pelican Ventures, JC Flowers
2nd November 2020
Argo Group has reached an agreement with Pelican Ventures and J.C. Flowers & Co that will see the two private equity investors acquire property and casualty reinsurance underwriter Ariel Re for an undisclosed sum. Terms for an operational partnership with Apollo Syndicate Management have been also agreed upon. The partnership will be ... Read the full article
Ariel Re provides cover for solar firm NovaSource Power Services
22nd May 2020
Ariel Re, member of Argo Group, has insured the contractual performance guarantees (PeGu) of NovaSource Power Services, a firm specialising in operations and maintenance for solar projects. Through its Lloyd’s of London Syndicate 1910, Ariel Re provided Solar Power Outage Insurance to backstop NovaSource’s PeGu liabilities in the event of unexpected ... Read the full article
Ariel Re collaborates to minimise solar project financial risk
4th December 2019
Ariel Re, which is a member of Argo Group, PV Evolution Labs and Beecher Carlson Insurance Services, LLC have announced the launch of PV PlantProtect, an insurance program designed to reduce solar project financial risk. The new solution is a first-of-its-kind risk mitigation and insurance program that leverages technical due diligence ... Read the full article
Sean Kelly joins Ariel Re from Tokio Millennium Re
23rd May 2019
Ariel Re has named Sean Kelly as Senior Vice President (SVP), Specialty Underwriter, Credit and Financial products, effective June 10th, 2019. In his new role, Kelly will report to Ariel Re's Head of Professional Lines and Casualty Treaty Underwriting - Bermuda, Stephen O'Flynn. Kelly brings over 20 years of industry experience to ... Read the full article
- ← Previous
- 1
- 2
- 3
- 4
- Next →
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
