collateralized capacity News

MS Amlin Launches 2nd Asia-Focused Special Purpose Reinsurance Vehicle for ILS

MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s global specialty re/insurer, announced its Singapore-based operation has launched its second local special purpose reinsurance vehicle (SPRV). Called Phoenix 2 Re Pte. Ltd., this SPRV will provide a quota share to MS …

MS Amlin Creates Bermuda-Based Reinsurance Sidecar, Viribus Re

MS Amlin, the London-based specialist re/insurer, announced that a Bermuda-domiciled special purpose reinsurer, Viribus Re Ltd., has been created to provide collateralized capacity support for MS Amlin Syndicate 2001’s global reinsurance portfolio in 2018. Viribus Re Ltd has entered into …

Bermuda-Based Mt. Logan Re Appoints Burke as Chief Financial Officer

Bermuda-based Mt. Logan Re Ltd. announced the appointment of Martin Burke as its chief financial officer, effective Feb. 22, 2016. Burke has 15 years of experience in senior finance roles in the reinsurance industry and was most recently with Sirius …

Aspen Re Renews Special Purpose Insurer Silverton for 2015

Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, announced that its Aspen Capital Markets division has renewed Silverton Re for 2015. Silverton Re is a Bermuda-domiciled special purpose insurer which was established in December 2013 to provide additional …