Hashtag: #ArielHoldings
![Ariel Re-Enters Catastrophe Bond Market Ariel Re-Enters Catastrophe Bond Market](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2021/12/Ariel-Re-generic-098234.jpg&w=120&h=120&zc=1)
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](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/02/Ariel.jpg&w=120&h=120&zc=1)
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](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/02/ariel-re-thumb1.jpg&w=120&h=120&zc=1)
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
![BTG To Purchase Ariel Re From Global Atlantic BTG To Purchase Ariel Re From Global Atlantic](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2013/02/document-business-generic-pens-paper.jpg&w=120&h=120&zc=1)
BTG To Purchase Ariel Re From Global Atlantic
Banco BTG Pactual S.A. and Global Atlantic Financial Group Limited announced that they have signed an agreement whereby BTG Pactual will acquire Ariel Re, Global Atlantic’s Bermuda-based property and casualty reinsurance company. The transaction, which includes all of the operating entities, assets and obligations of Ariel Re, is still subject to... Read more of this article
![Goldman Sachs Sells Reinsurance Unit Stake Goldman Sachs Sells Reinsurance Unit Stake](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/02/Ariel.jpg&w=120&h=120&zc=1)
Goldman Sachs Sells Reinsurance Unit Stake
Goldman Sachs Group Inc. has sold a majority stake in its reinsurance business — which includes Bermuda’s Ariel Re — to “institutions and high-net worth clients” as US financial firms adjust to demands by regulators for more capital, Bloomberg reports today [May 1]. Goldman Sachs is keeping a minority stake in the business,... Read more of this article
![Goldman Looks To Monoline Insurance Goldman Looks To Monoline Insurance](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/03/goldman.jpg&w=120&h=120&zc=1)
Goldman Looks To Monoline Insurance
US investment bank Goldman Sachs’ recent acquisition of Bermuda’s Ariel Holdings comes as the firm considers offering so-called “monoline” insurance, the “Financial Times” reports today [Mar.19] The leading British business newspaper says Goldman Sachs is exploring new business areas including “monoline” insurance... Read more of this article
![Ariel Holdings: Debenture Holders Notice Ariel Holdings: Debenture Holders Notice](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/02/Ariel.jpg&w=120&h=120&zc=1)
Ariel Holdings: Debenture Holders Notice
Bermuda-based Ariel Holdings Ltd. yesterday [Mar. 15] issued a notice to holders of its Floating Rate Junior Subordinated Deferrable Interest Debentures. In its statement, Ariel said: “On March 1, 2012, the company announced that it had entered into an agreement with Arrow Capital Management Holdings LLC, an affiliate of The Goldman Sachs Group,... Read more of this article
![Standard & Poor Downgrades Ariel Re Standard & Poor Downgrades Ariel Re](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/03/SP1.jpg&w=120&h=120&zc=1)
Standard & Poor Downgrades Ariel Re
Ratings agency Standard & Poor’s downgraded Bermuda’s Ariel Re following the announcement the firm was selling off its Hamilton-based reinsurance business to Arrow, a unit of investment bank Goldman Sachs, and its trade credit and surety [C&S] operations, which are based in Zurich, to Bermuda-based Arch Capital Holdings. SP&P analysts... Read more of this article
![Arch Buys Ariel’s Credit & Surety Business Arch Buys Ariel’s Credit & Surety Business](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/01/arch-capital-group.jpg&w=120&h=120&zc=1)
Arch Buys Ariel’s Credit & Surety Business
Bermuda’s Arch Capital Group Ltd. today [Mar.3] announced that it will acquire Ariel Re’s Credit & Surety reinsurance operations based in Zurich. Upon the closing of the transaction, Ariel Re’s Zurich based team will transfer to the Zurich office of Arch Reinsurance Europe Underwriting Limited and will be fully operational with... Read more of this article
![A.M. Best Affirms Ariel’s Ratings A.M. Best Affirms Ariel’s Ratings](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/02/Ariel.jpg&w=120&h=120&zc=1)
A.M. Best Affirms Ariel’s Ratings
A.M. Best Co. yesterday [Mar.1] affirmed the financial strength rating of A- [Excellent] and issuer credit rating [ICR] of “a-” of Bermuda’s Ariel Reinsurance Company Ltd. Additionally, A.M. Best has affirmed the ICR of “bbb-” of the parent company, Bermuda-domiciled Ariel Holdings, Ltd. The outlook for all ratings is stable. The ratings... Read more of this article
![Goldman Sachs Buys Ariel Re Goldman Sachs Buys Ariel Re](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/02/Ariel.jpg&w=120&h=120&zc=1)
Goldman Sachs Buys Ariel Re
Ariel Holdings Ltd. today [Mar.1] confirmed reports that investment bank Goldman Sachs is acquiring its Bermuda-based insurance and reinsurance operations, which it will combine with its existing business underwritten through Lloyd’s Syndicate 1910. The acquired business will operate as part of Goldman Sachs Reinsurance Group [GSRG], under the... Read more of this article
![Ariel To ‘Sell Reinsurance Operations’ Ariel To ‘Sell Reinsurance Operations’](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2012/02/Ariel.jpg&w=120&h=120&zc=1)
Ariel To ‘Sell Reinsurance Operations’
Global investment banking and securities firm Goldman Sachs is poised to acquire the Bermuda-based re/insurance operations of Ariel Holdings through its insurance subsidiary Arrow, industry journal “The Insurance Insider” reports today [Feb.29]. The imminent deal will leave Ariel Holdings with its Lloyd’s operation Atrium and its Zurich-based... Read more of this article
![Ariel: $35-$50 Million in Q1 Catastrophes Ariel: $35-$50 Million in Q1 Catastrophes](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2011/02/budget-charts-paper.jpg&w=120&h=120&zc=1)
Ariel: $35-$50 Million in Q1 Catastrophes
Bermuda based Ariel Reinsurance Company, the reinsurance subsidiary of Ariel Holdings Ltd,. today [Mar.31] announced its initial estimate of losses incurred from catastrophe events in the first quarter of 2011, including the Christchurch earthquake, Cyclone Yasi, Australian flooding, Gryphon Alpha and the Tohoku Earthquake in Japan. A spokesperson... Read more of this article
![Report: Validus and Ariel End Merger Talks Report: Validus and Ariel End Merger Talks](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/12/business-handshake_2010.jpg&w=120&h=120&zc=1)
Report: Validus and Ariel End Merger Talks
Bermuda based re/insurers Validus Holdings Ltd. and Ariel Reinsurance Co. ended merger talks this month after disasters in Japan roiled insurance markets, Bloomberg reported today [Mar.29] The report said, “Validus had been close to an almost $1 billion stock-and- cash deal for Ariel, owned by private-equity firms including Blackstone Group LP... Read more of this article
![Ariel Re To Open Office in Brazil Ariel Re To Open Office in Brazil](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2010/06/Brazil_flag.jpg&w=120&h=120&zc=1)
Ariel Re To Open Office in Brazil
Bermuda-based Ariel Reinsurance Company Ltd. will be opening of a representative office in Rio de Janeiro, Brazil following its approval as an admitted reinsurer by the Brazilian insurance regulator, Superintendência de Seguros Privados (SUSEP). Ariel Re said its initial focus in Brazil will be on Surety and Trade Credit reinsurance, underwritten... Read more of this article