News

ILS

Arch-Everest tipped to benefit from RenRe-Validus deal

It will likely remove cat capacity and any Class of 2023 is absent.   25 May 2023

ILS

A change in cat strategy drives specialty growth at AXA XL Reinsurance

AXA XL Reinsurance (Re) has a strategy in Bermuda of rebalancing its book by writing more speciality business. To do this, it is leveraging its footprint but changing appetite in the property-cat space, Mark Twite, CEO of AXA XL Re, Bermuda, explains.   10 May 2023

ILS

SiriusPoint taps experience of former Hiscox CEO

The recruit is also chair of Placing Platform Limited.   4 May 2023

ILS

Reinsurance drives positive Q1 for Hiscox

But it flagged market-wide subdued ILS capital appetite   4 May 2023

ILS

Hiscox Re & ILS hires senior exec from Hamilton Re

He has also worked at Platinum Underwriters, RenaissanceRe and XL Catlin.   19 April 2023

ILS

Itasca Re’s secret sauce—made in Bermuda

New Bermuda reinsurer Itasca Re will offer insurance financing solutions to buyers and owners of commercial aircraft assets. It’s niche, but its work might just become a catalyst for a lucrative new(ish) asset class—if only others could steal its secret sauce. Bermuda:Re+ILS spoke with its CEO Kostya Zolotusky.   21 March 2023

ILS

Ariel Re closes first cat bond with carbon offset feature

It provides Ariel Re with $125m of collateralized reinsurance cover.   27 February 2023

ILS

Gallagher Re bolsters Bermuda offering with two appointments

They will boost its index-based capabilities and specialty business.   21 February 2023

ILS

Reinsurance could be turning the corner, says S&P

Cautious optimism following “multidecade high rate increases” but not enough to alter its negative view.   26 January 2023

ILS

Cyber insurer Resilience hires Liberty financial lines head

Dan Rance will head expansion to big businesses.   26 January 2023

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