News relating to the Bermuda and international insurance and reinsurance industry.
Ariel Re closes first cat bond with carbon offset feature
It provides Ariel Re with $125m of collateralized reinsurance cover.
Gallagher Re bolsters Bermuda offering with two appointments
They will boost its index-based capabilities and specialty business.
Reinsurance could be turning the corner, says S&P
Cautious optimism following “multidecade high rate increases” but not enough to alter its negative view.
Cyber insurer Resilience hires Liberty financial lines head
Dan Rance will head expansion to big businesses.
Link to launch Bermuda Chapter
The LGBTQ network hopes that the launch will be the first of many Bermuda events.
Bermuda Risk Summit 2023 registration opens
The March event will take place over three days on the Island.
Beazley launches first cyber cat bond
It will cover remote probability catastrophic and systemic events.
Ariel Re selects CyberCube cyber risk tool
Portfolio Manager is a scenario-based data-driven model.
QBE’s Jim Fiore leaves for Aon
After almost three decades, he moves to broker’s capital advisory unit.
AM Best affirms excellent ratings for Fortitude Re
The agency gives a stable outlook for Bermuda’s largest multi-line reinsurer.