Bermuda Re/insurance - Global re/insurance and ILS from a Bermuda pers

RenRe to buy Validus Re from AIG for $3bn

The deal comprises all of AIG’s treaty reinsurance business including AlphaCat and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot.

Sompo taps Swiss Re for CUO role

The hire has also worked for QBE and Munich Re, where she spent 27 years in various leadership roles.

Hudson partner launches cyber broker, plots MGA

It will initially launch as a broker licensed by the BMA but will look to transition into an MGA next year.

Five new insurers registered on Bermuda

They included Purple Re, Seven30 Insurance (Bermuda) and Arbol Re.

Competition heats up in legacy market as opportunities abound

Changes are afoot at R&Q as the insurer eyes a wealth of opportunities in the legacy market despite significant competition.

What will be driving the market in 2023?

This year’s trends could converge on the very basis of the way the re/insurance market works.

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.

New cyber ILS deals mark watershed moment for the market

Two new cyber ILS deals launched in January this year are seen as a game-changer for cyber risk transfer market.

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.

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