Argo Establishes 2014 Sidecar, Issues Cat Bonds

Argo Group International Holdings, Ltd. announced Monday that it establised a new sidecar reinsurer and separately announced that it issued $172 million in catastrophe bonds. The sidecar, Harambee Re ...

Aon/Berkshire Deal Roils Lloyd’s Waters

Aon and Warren Buffett's Berkshire Hathaway announced in March that they had negotiated the establishment of a "sidecar" facility to operate at Lloyd's. The deal, which had been in the works for some ...

ACE Establishes Special Purpose Vehicle, Altair Re

ACE Limited announced Monday that it has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralized capacity for its global reinsurance business. The capital ...