Latest Capital Raising News
Exact details not disclosed but Sunstar hails progress and growth plans.
Report claims capacity and capital were adequate for insurers seeking reinsurance.
Capsicum Re raises and places $78.5m, with $450m raised in bonds issued by the special purpose reinsurer.
The notes have been priced at 3.635%, due 2050.
Loan of £700k to launch flood modelling InsurTech into U.S. market.
Firm to get a new Board of Directors with Jeff Consolino CEO and Ed Noonan Executive Chairman.
London carriers utilise a blend of strategies to shore up and take advantage of growth opportunities in the wake of the pandemic.
June announcement adds to amount raised in February.
New shares represent around 19.5% of the existing share capital prior to the placing.
QBE Re’s new Managing Director discusses taking on the position during the coronavirus and how it will affect the reinsurance sector.
Stefan Lippe has overseen a rapid turnaround at Swiss Re. But he still has much work to do to pay back a capital injection from Warren Buffett, convince rating agencies it deserves to be in the double-A range, and win back the confidence of clients and shareholders.