![]() “The fact this already exceeds the $140 million total capacity raised through four deals last year, and with this latest transaction also involving the largest number of reinsurers to date, underlines this as a growth program. “We are delighted to have once again represented Arch MI and succeeded in raising a record amount of direct reinsurance capacity for its Bellemeade program, bringing a total of $157 million of traditional reinsurance capacity to these transactions in less than four months,” Freddie Scarratt, Account Executive at Gallagher Re, who managed and placed the reinsurance capacity of the transaction, explained. That’s important, as Arch had also said itself that the investor panel diversification for the latest Bellemeade Re deal was the broadest achieved so far.Īccessing as many markets as possible, be they investors or reinsurers, is important for Arch, as it utilises reinsurance capital both to protect itself on an aggregate bases against mortgage losses and as a source of growth capacity to help it expand the Arch Mortgage Insurance book. Importantly, Gallagher Re said that this latest placement secured Arch the broadest reinsurance counterparty diversification yet, with seven reinsurers providing the $93.21 million of mortgage reinsurance. Taking the 2021 total year-to-date to $157 million, already ahead of 2020’s traditional mortgage reinsurance placements alongside the Bellemeade Re program of mortgage insurance-linked notes. Now, alongside Arch’s recently completed $523 million Bellemeade Re 2021-2 Ltd., Gallagher Re helped the company to another $93.21 million of traditional reinsurance protection. In 2021, Gallagher Re already brokered $63.86 million of reinsurance alongside Arch’s first mortgage ILS of the year, the $580 million Bellemeade Re 2021-1 Ltd. Global reinsurance broker Gallagher Re, part of the wider Gallagher group, successfully brokered $140 million of traditional mortgage reinsurance for Arch Capital during 2020. Gallagher Re has been placing traditional mortgage reinsurance alongside Arch’s Bellemeade Re mortgage ILS issues for some time now. In securing its latest Bellemeade Re mortgage insurance-linked securities (ILS) transaction, sponsor Arch Capital Group also benefited from $93.21 million of traditional mortgage reinsurance placed alongside the capital markets deal, with the support of broker Gallagher Re. The program develops business professionals who understand and apply data analytics concepts, techniques and tools to promote effective organizational problem-solving. Appalachian’s Master of Science in Applied Data Analytics degree provides students with not only the technical skills to work with data, but to do so within the business context. Organizations increasingly rely upon both structured and unstructured large-scale data for operational and strategic decision-making. "They computed incredible statistics and reached similar conclusions that we did however, each section of our data focused on the application of the data, and how it led to the impactful solutions, ideas and creative opportunities to drive more donors to CHS." About the Master of Science in Applied Data Analytics Program "The other teams created excellent reports and computed far-reaching statistical analysis," said Uva, an Appalachian MS ADA and dual MBA student. The App State students beat out student teams from Wake Forest University, Duke University, Arizona State University, and UNC Greensboro, among others. ![]() They said they wanted to focus on presenting their analyses in a way that the case organization, Community Housing Solutions (CHS), could "draw tangible conclusions and see a clear path to increase their donor database, and subsequently donations, to fun more home repairs." The team members said that, going into the competition, they were confident in their data cleaning, processing and analysis skills. "Each of our work expertise helps us contribute to this win!" "Our team was a unique blend of members who are data experts and marketing experience holders," said Malik, who serves as the MSADA Analytics Team co-Captain and as a member of this squad. Students in Appalachian State University's Master of Science in Applied Data Analytics (MSADA) program have earned first place in Arch Mortgage Insurance's 2021 ARCH MI Data Dive Competition.Īlong with a teammate from UNC Greensboro, the Appalachian MSADA students - Chip Debelius, Gopika Malik, Ani Nomula and Katherine Uva - comprised the team Triple D - Dynamic Data Divers - and earned a $3000 prize. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |