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Ariel Re Donated $195,000 To Charity In 2023

Ariel Re Donated $195,000 To Charity In 2023

Ariel Re, a global reinsurance business with offices in Bermuda, London, and Hong Kong, has announced it donated $195,000 to charities in 2023 – almost double the sum donated in 2022. A spokesperson said, “The company assisted twenty-four charities through its Bermuda and London offices, including amounts given via tag days, sponsorships, and... Read more of this article

Ariel Re Relaunches Clean Energy Division

Ariel Re Relaunches Clean Energy Division

Global [re]insurer Ariel Re has relaunched its Clean Energy division as Ariel Green, “recognizing the increasingly crucial role of Technology Performance Insurance in accelerating innovation in solar, energy storage, hydrogen, and bioenergy to help curb climate change.” A spokesperson said, “Ariel Re has insured $30bn worth of assets... Read more of this article

Ariel Re Welcomes New Summer Interns

Ariel Re Welcomes New Summer Interns

Ariel Re has welcomed a new group of summer interns – Alison Hyland, Emma Stegmann, Giovanni Hollis, Kieran Malott, Lauren Way, and Sophia Stevens – in the Bermuda office. A spokesperson said, “Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has welcomed a new group of summer interns in the Bermuda... Read more of this article

Ariel Re Appoints Katie Howarth As CCO

Ariel Re Appoints Katie Howarth As CCO

Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has appointed Katie Partington Howarth to the newly created role of Chief Capital Officer [CCO]. A spokesperson said, “Based in Bermuda, Katie will report to Chief Executive Officer Ryan Mather and will be responsible for Ariel Re’s capital... Read more of this article

Ariel Re Donates $45,000 To Beyond Rugby

Ariel Re Donates $45,000 To Beyond Rugby

Ariel Re has donated $45,000 to Beyond Rugby Bermuda. A spokesperson said, “Established in 2011, Family Centre’s accredited Beyond Rugby Bermuda programme works with young people to encourage them to take up the game of rugby as a way of helping them to reach their full potential – both on the field and in their day-to-day lives. Working... Read more of this article

Ariel Re Promotes 12 Staff In London & Bermuda

Ariel Re Promotes 12 Staff In London & Bermuda

Ariel Re has promoted twelve staff as “part of its drive to be an ‘academy firm’ where leading reinsurance professionals can develop their careers.” A spokesperson said, “The promotions are in the London and Bermuda offices, and they cover a range of roles from underwriting and accounting through to analytics and portfolio management.” “When... Read more of this article

Ariel Re Secures $270M To Support 2023 Growth

Ariel Re Secures $270M To Support 2023 Growth

Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has “secured $270 million of capital from five new institutional and family office investors to support exciting growth opportunities in 2023.” A spokesperson said, “Ariel Re is backed by Pelican Ventures and JC Flowers & Co... Read more of this article

Ariel Re Donates Almost $100,000 In 2022

Ariel Re Donates Almost $100,000 In 2022

Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, donated almost $100,000 to charities in 2022. “I’d like to thank our staff who have so generously given their time and money to support such a wide range of good causes in Bermuda and in London,” said Veronica King, Chair of the Ariel Re Charity Committee. “Ariel... Read more of this article

Ariel Re Joins Bermuda Chapter Of ISC

Ariel Re Joins Bermuda Chapter Of ISC

Ariel Re, a Bermuda-based reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has joined the Bermuda chapter of the Insurance Supper Club [ISC], an organisation set up to support the retention and development of women working in the insurance industry. A spokesperson said, “ISC was set up in the UK in 2008 in response... Read more of this article

Ariel Re Granted Approval For Lloyd’s Agent

Ariel Re Granted Approval For Lloyd’s Agent

Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has obtained approval to launch a Managing Agent at Lloyd’s of London. A spokesperson said, “Ariel Re received approval from the Prudential Regulatory Authority, the Financial Conduct Authority and Lloyd’s in order to commence this new operation. The... Read more of this article

Six Bermudian Students Intern At Ariel Re

Six Bermudian Students Intern At Ariel Re

Six Bermudian students — Giovanni Hollis, Alison Hyland, Sarah Skinner, Emma Stegmann, Camryn Swan, and Lauren Way — are taking part in an internship programme with Ariel Re. A spokesperson said, “Six Bermudian students will be learning about the global reinsurance industry this summer as part of an internship programme with Ariel Re in... Read more of this article

Ariel Re Insure Ecogensus Performance Warranty

Ariel Re Insure Ecogensus Performance Warranty

Ariel Re – global re/insurer with offices in Bermuda, London and Hong Kong — announced that it has “insured the long-term performance warranty of Ecogensus LLC, a global leader in advanced technology focused on delivering sustainable waste management solutions. A spokesperson said, “Through its Lloyd’s Syndicate 1910, Ariel... Read more of this article

Ariel Re Selects CyberCube’s Portfolio Manager

Ariel Re Selects CyberCube’s Portfolio Manager

Ariel Re has opted to use Portfolio Manager, “the market-leading cyber risk analytics platform from CyberCube.” A spokesperson said, “Ariel Re, a global reinsurance business with offices in Bermuda, London and Hong Kong, has opted to use Portfolio Manager, the market-leading cyber risk analytics platform from CyberCube. “CyberCube’s... Read more of this article

Ariel Re-Enters Catastrophe Bond Market

Ariel Re-Enters Catastrophe Bond Market

Ariel Re announced it has sponsored a 144A index-triggered catastrophe bond issued by Bermuda special purpose insurer Titania Re Ltd. A spokesperson said, Titania Re will provide USD 175 million of multi-year collateralised reinsurance cover to Ariel Re using an indexed industry loss trigger under the Series 2021-2 Notes, protecting against North American... Read more of this article

Ariel Re Select Xuber For Reinsurance Business

Ariel Re Select Xuber For Reinsurance Business

Xuber, Xchanging’s insurance software business, has been appointed by Ariel Re to provide the Xuber for Reinsurers solution suite for the company’s Lloyd’s and Bermuda businesses. The six year contract will see the roll-out of Xuber Policy, Xuber Claims, Xuber Billing and Xuber Ceding, a single end-to-end solution with the complete functionality... Read more of this article

Ariel Specialty Insurance Managers Launches

Ariel Specialty Insurance Managers Launches

Ariel Specialty will commence underwriting E&S property business on March 1st, 2015. Business will be written by Ariel Specialty via wholesale brokers only on a limited appointment basis and on behalf of Ariel’s Lloyd’s Syndicate 1910. Ariel Specialty will offer up to $20M of limit for all risk, named storm and wind/hail property coverage on... Read more of this article