News relating to the Bermuda and international insurance and reinsurance industry.
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Bermuda seeks insurtech opportunities in Toronto
Bermuda premier David Burt has led a delegation to North American tech conference Collision, held in Toronto, to attract fintech businesses to the island.
Voce withdraws director nominees, accuses Argo of state lobbying
Ahead of Argo's annual meeting on May 24 where shareholders will vote on the Bermuda re/insurer's board directors, 5.6 percent shareholder Voce Capital Management has now withdrawn its director nominees.
MS Amlin invests in cyber reinsurance MGA Envelop Risk
Re/insurer MS Amlin, which has a presence on Bermuda, has purchased a strategic stake in Envelop Risk, a global specialist reinsurance MGA that combines insurance expertise with artificial intelligence-driven cyber risk modelling.
Sompo appoints head of financial lines in Germany from Amlin
Sompo International Holdings has appointed Udo Pützer as head of financial lines insurance in Germany.
EU removes Bermuda from tax haven blacklist
The European Union has removed Bermuda from its list of non-cooperative jurisdictions in tax matters, also known as the tax haven blacklist.
Bermuda’s first regulatory sandbox license granted to AkinovA
The Bermuda Monetary Authority (BMA) has granted its first insurance regulatory sandbox license to insurtech AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks.
PartnerRe expands reinsurance longevity deal with Manulife
Bermuda-based reinsurer PartnerRe has completed its second reinsurance longevity risk transaction with The Manufacturers Life Insurance Company (Manulife).
Bermuda hopeful for blacklist removal on May 17
Bermuda has a chance of being removed from the European Union's list of non-cooperative jurisdictions in tax matters - also known as the blacklist - as early as May 17, following a meeting by EU Finance Ministers (ECOFIN).
Third Point Re CEO to step down, US leadership shuffled
Third Point Re CEO Robert Bredahl has resigned from his position with immediate effect, with Daniel Malloy, current CEO of the company’s main operating subsidiary, succeeding him on an interim basis.
Athene forms third-party capital subsidiary ACRA
Athene Holding, a provider of retirement saving products based in Bermuda, has formed a strategic capital solution expected to provide it with up to $4 billion of on-demand, third-party equity capital, to help it pursue various growth initiatives.
