Pillar's Press

TransRe and Management of Pillar Capital Increase Ownership Stake in Pillar to 50% Each

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Hamilton, Bermuda – June 24, 2014 – Pillar Capital Holdings Limited (“Pillar”), a Bermuda-based insurance asset manager specializing in collateralized reinsurance and catastrophe insurance-linked securities, today announced that shareholders Transatlantic Holdings, Inc. (“TransRe”) and the Pillar executive management have increased their ownership position in Pillar to fifty percent each, bringing their combined ownership to 100%. […]

Pillar Capital Names Stephen A. Velotti CEO

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Hamilton, Bermuda – June 18, 2013 – Pillar Capital Holdings Limited (“Pillar” or the “Company”), a Bermuda-based insurance asset manager focused on collateralized reinsurance and catastrophe insurance-linked securities, today announced that Stephen A. Velotti has been appointed Chief Executive Officer effective immediately. Mr. Velotti, 46, brings nearly 25 years of insurance and reinsurance experience to […]

Pillar Capital appoints Jeff Franklin SVP-Underwriting

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Hamilton, Bermuda – April 30, 2013 – Pillar Capital Holdings Limited, today announced that Bermudian Jeff Franklin has joined the firm as SVP & Portfolio Manager effective immediately. Mr. Franklin joins Pillar from Flagstone Re where he served as Chief Underwriting Officer – International, overseeing property cat pricing across Flagstone’s international offices. He began his […]

Stephen Velotti has been named Chief Underwriting Officer

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Juniperus Capital Limited (JCL) is please to announce that Stephen Velotti has been named Chief Underwriting Officer effective June 1st. Stephen has been with Juniperus since April 2008. Additionally, JCL is please to announce that Thomas Cosenza has joined as Chief Actuary effective June 1st 2009. Mr. Cosenza has over 12 years property and casualty […]

 

Reports and Other Press

The articles attached below are for informational purposes only. Provision of these selected articles is not an offer to sell or a solicitation to buy any security or participate in any strategy. In each case, the information reflects the opinion of the author as of the date of publication. While these are pieces we believe to be accurate, we did not perform any independent work to verify such; and we have not endeavored to update as circumstances change. None of these selections take into account the particular needs or circumstances of any individual investor. Finally, past performance does not guarantee or predict future results.

Greater tail risk makes for worse cat bond returns than pre-Tohoku

We believe the following article, reprinted with permission from Trading Risk, makes some interesting points about the current risk vs. reward characteristics of the reinsurance marketplace, especially where leverage is concerned. We remind the reader that terms like “Expected Profit”, “Expected Loss”, “Tail Risk”, and “Tail Loss” are descriptive terms which compare current conditions to historical events, are no guarantee of performance, and that all investments carry a risk of loss.

For further information about Trading Risk visit www.trading-risk.com

The Weatherman is not a Moron

This publically available article from The New York Times Magazine is informative in the way that it describes the progress made in the science of weather prediction.

Aon Benfield backs Juniperus over GIS

With the merging in 2008 of Aon and Benfield, the broker had two investment management firms for the (re)insurance asset class to choose from, Trading Risk publishes.

For further information about Trading Risk visit www.trading-risk.com.