News relating to the Bermuda and international insurance and reinsurance industry.
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ABIR unveils new members Aeolus, Ariel Re and Fortitude Re
The chief executives of all three companies will also join the body’s board.
Arch executes fourth mortgage risk transfer of 2020 via Bellemeade Re
Arch was the first mortgage insurer to complete a mortgage credit risk transfer in the COVID-19 era.
Brazil embraces ILS from January 4
The move is an important one and could lower re/insurers’ cost of capital.
BMA approves Swiss Re SPI 1863 Re
The formation is part of a strategy by the reinsurer to opens its cat portfolio to investors.
Arch secures approval for Part VII transfer
The change is necessary because of Brexit.
Conduit Re unveils raft of senior hires
Conduit Re holds a Class IV license from the Bermuda Monetary Authority.
Oceanview Reinsurance assumes $1bn of fixed annuity reserves
Oceanview Reinsurance is a Bermuda Class E insurance company.
Bermuda-based Ivy Re partners Global Atlantic in $8.5bn deal with Unum
Ivy Re is a co-investment vehicle formed in April this year.
Bermuda’s Aspida and Ares complete acquisition of F&G
Aspida will enter into a strategic flow reinsurance agreement with F&G.
Bermuda:Re+ILS invites responses to its November survey
Bermuda:Re+ILS is inviting readers to complete a survey ahead of its November issue.
