Reinsurance News
Nephila
Jessica Laird promoted to CEO of Nephila Capital as Frank Majors steps back
26th August 2025
Nephila Holdings has announced that Jessica Laird has been promoted to CEO of Nephila Capital, the firm’s flagship catastrophe business, effective immediately, while Frank Majors will step down as Co-CEO of Nephila Holdings at year-end to focus on portfolio construction. Frank Majors co-founded Nephila in 1997 alongside Greg Hagood, and for ... Read the full article
Lloyd’s welcomes Nephila’s Syndicate 2358
21st December 2021
Lloyd’s of London has joined investment manager Nephila Capital in announcing the launch of Syndicate 2358. Nephila's new Syndicate focuses on short to medium term business lines, with capital provided through London Bridge Risk PCC (LBR PCC). The new transaction provides reinsurance capital from a varied group of investors, ... Read the full article
Nephila to launch new ILS investor-backed Lloyd’s syndicate
21st December 2021
Nephila Capital, the world’s largest insurance-linked securities (ILS) investment manager, has announced plans for its Lloyd’s specialty syndicate 2358, as the firm looks to provide investors with greater access to the wider specialty insurance market. Set to commence trading in the new year, syndicate 2358 will focus on short to medium ... Read the full article
Lockton Re partners with Nephila Capital on automated placement solution
11th August 2021
Lockton Re, the reinsurance arm of the global brokerage, has partnered with Nephila Capital to help release Lockton Re SAGELink Automated Placement Solutions. It's hoped this new capability will automate the process of price discovery between reinsurance intermediary broker and reinsurer. Its designed to allow a tighter integration of treaty visualisation features ... Read the full article
Wave of new capital both defensive & offensive: Prospectus 2021
16th December 2020
A flurry of additional capital has entered the reinsurance market in recent months and while it remains to be seen what influence it has at January 1st, it's likely a mixture of defensive and offensive plays, according to Greg Hagood, Co-Founder of Nephila Capital. For both existing and new companies, ... Read the full article
Markel to consolidate property cat reinsurance business under Nephila
7th October 2020
Financial holding company Markel is set to consolidate its property catastrophe reinsurance business under the Nephila brand. The consolidation will see Markel refocus its global reinsurance unit towards underwriting and growing its casualty and specialty lines. While some of the unit's employees may have the opportunity to join the Nephila team, Markel ... Read the full article
Stephen Pett joins Aon Reinsurance Solutions in Bermuda as a VP & broker
14th September 2020
Insurance and reinsurance broker Aon has announced that Stephen Pett, formerly of Nephila Capital, is to joins its Reinsurance Solutions operation in Bermuda as a Vice President and broker. Pett is expected to join Aon in Bermuda on September 15th, 2020 and will have a focus on industry loss warranties (ILWs) ... Read the full article
Nephila to launch specialty syndicate at Lloyd’s, backed by ILS investors
24th June 2020
Insurance-linked securities (ILS) investment manager Nephila Capital has announced that the Lloyd’s Council has approved its plans to form a new syndicate. Nephila’s Lloyd’s managing agency, Nephila Syndicate Management Ltd (NSM), will launch Syndicate 2358 as part of the Future at Lloyd’s initiative. The syndicate will write a diversified portfolio of Lloyd’s ... Read the full article
Nephila Climate implements new hedging structure for renewable energy
7th October 2019
Nephila Climate, the weather, climate and ESG-driven specialty division of Nephila Holdings Ltd., has announced an addition to its suite of hedging structures for renewable energy. The firm plans to use a Proxy Generation Power Purchase Agreement (pgPPA) for the 180MW Heart of Texas (HTX) wind farm located in McCulloch County, ... Read the full article
Nephila looks to reduce Lloyd’s costs with finance platform from Phinsys
19th September 2019
Nephila Syndicate Management Ltd (NSML) has selected the suite of finance and accounting products from software provider Phinsys to help streamline its financial processes and automate statutory, regulatory and management reporting. Nephila Syndicate 2357 is set to migrate from third party management to its own independent managing agency in October, and ... Read the full article
Nephila’s Lloyd’s managing agency gets regulatory nod
8th September 2019
Nephila Capital, the world’s largest insurance-linked securities (ILS) investment manager, has received regulatory approval to establish its own Lloyd’s managing agency. Nephila’s Syndicate 2357, which is backed by funds managed by Nephila, has been managed by Asta, a third party syndicate manager at Lloyd’s, since its inception in 2013. Nephila Syndicate Management ... Read the full article
Nephila’s Schauble appeals for more climate action using new products & data
19th June 2019
Barney Schauble, Managing Principle at Nephila Advisors, has urged the re/insurance industry to utilise new products and data in tackling the risks posed by climate change, which he believes are not being adequately addressed. Speaking at the MMC Rising Professionals’ Global Forum, Schauble argued that, with the success of the capital ... Read the full article
Markel completes Nephila acquisition
15th November 2018
Markel Corporation has successfully completed its previously-announced its acquisition of Nephila Holdings Limited, the largest manager of catastrophe and weather insurance and reinsurance linked investment funds in the world. Nephila manages $12.2 billion of assets under management (AuM) for a geographically diverse investor base of more than 300 investors. The ... Read the full article
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.
