Reinsurance News

Capsicum Re

Capsicum Re launches New York cyber hub, led by Patrick Bousfield

5th June 2018

Specialist reinsurance broker Capsicum Re has extended its cyber presence to New York with the launch of a new cyber hub, which will be led by Patrick Bousfield, who has been promoted to Executive Director. Rupert Swallow, Chief Executive Officer (CEO) of Capsicum Re, said: “The cyber team has received overwhelming ... Read the full article

Capsicum Re selected as reinsurance broker for Arch’s mortgage pilot

20th March 2018

Capsicum Re has confirmed its role as reinsurance broker working with Arch Capital Group's new Washington D.C. based subsidiary, Arch MRT on the new mortgage credit risk transfer program Integrated Mortgage Insurance, IMAGIN. Led by Steven Rance, Capsicum Re's mortgage indemnity division and Arch have assembled the panel of re/insurers that will ... Read the full article

Capsicum Re says industry threatened by unclarified cyber risk policies

5th October 2017

Specialist reinsurance broker, Capsicum Re, said in a report on cyber risk perils, that the re/insurance industry is facing a growing problem of cyber perils being neither explicitly excluded or implicitly included in insurance policies - a problem that leaves both insurers and insureds in a vulnerable position. The fast-developing cyber ... Read the full article

Capsicum Re bolsters cyber risk team with new appointment

2nd October 2017

Specialist reinsurance brokerage, Capsicum Re, has named Conrad Williams as the newest addition to its cyber risk team, effective immediately. Williams will report to Ian Newman and Samantha Thompson, partners at the firm's London property and specialty unit, and brings extensive cyber risk knowledge to the role. Williams has completed a four-year ... Read the full article

Continued liberalisation of Brazilian market will expand reinsurance lines: Capsicum Re

29th August 2017

Brazil's insurance industry regulator, Superintendencia de Seguros Privados (Susep), is expected to increase permitted foreign reinsurer market share in stages over the next three years, meaning certain business lines are expected to grow, but challenges and uncertainty remain in the country, according to Capsicum Re. Widespread economic and political uncertainty in ... Read the full article

Cyber, the innovative opportunity for the London market: Bousfield, Capsicum Re

30th May 2017

There's been notable concern across the global insurance and reinsurance industry of London's ability to maintain its position as an international re/insurance hub in an increasingly competitive and post-Brexit world, but could the cyber reinsurance market be the perfect opportunity for London to embrace? Discussing the growing threat of cyber in relation ... Read the full article

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