Markets
Pine River Hedge Fund Raising $750 Million to Start Bermuda Reinsurer
Pine River Capital Management LP, the $14.3 billion hedge-fund firm founded by Brian Taylor, is raising capital for a reinsurance company in the latest push by a money manager into the industry. The ...
Energi Insurance CEO McCarthy: Plugged Into Energy Revolution Through R&D
Just as there are best practices for managing today's energy risks, there are best practices for managing a company that specializes in insuring those risks. According to Brian McCarthy, best ...
U.S. Offers Outline of 2015 Global Climate Pact to United Nations
The United States on Wednesday submitted to the United Nations its vision for a new international climate agreement that is "built to last," outlining what it thinks should be the main elements of a ...
Conan Ward Heading U.S. Ops for Hamilton Insurance Group
Hamilton Insurance Group, Ltd., the holding company for Bermuda-based Class 4 property/casualty reinsurer Hamilton Re, announced Tuesday that Conan M. Ward has been hired to head the group's U.S. ...
RMS(one) To Be Available in April; ARA Putting Hurricane Model on Platform
On Tuesday, RMS announced that it will release version 1.0 of RMS(one), the company's exposure and risk-management platform, on Apr. 15, 2014. All RMS catastrophe models, as well as select models ...
Netflix’s House of Cards and Other Big Data Case Studies
How did program developers at Netflix know that viewers of the BBC television series "House of Cards" also enjoyed movies starring Kevin Spacey and directed by David Finch? They analyzed big data to ...
Reinsurance CEOs: What Alternative Capital Means to Traditional Industry
The hottest topic in the reinsurance world was on the agenda at the Property/Casualty Insurance Joint Industry Forum in January, where two reinsurance executives gave different perspectives on what ...
Praedicat Launches Cloud-based Casualty Model; Mines Data from Published Science
Praedicat, the world's first liability catastrophe modeling company, announced the launch of its flagship software product, CoMeta on Tuesday. CoMeta delivers commercially-relevant analytics for ...