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SPIs head up Bermuda registrations in 2013


Bermuda continues to strengthen its position within the alternative capital space, with new formations in 2013 dominated by special purpose insurers.

Bermuda business organisations complete merger


All legal processes for the merger of Business Bermuda and the Insurance Development Council into the Bermuda Business Development Corporation (BBDC) were completed on Friday.

Endurance: Wadley to head up new pro insurance unit

Bermuda, North America22-04-2013

Daniel Wadley has been appointed EVP and head of a new pro insurance unit at Endurance, as the re/insurer responds to growing demand for E&O coverage among professional firms.

Despite Bermuda’s negative revision, re/insurers’ outlook remains stable


Standard & Poor’s has indicated that despite Bermuda’s revision to a negative outlook , the Island’s re/insurance industry’s counterparty credit and financial strength ratings remain unchanged.

PartnerRe reorganises global non-life operations

Asia-Pacific, MENA, North America19-04-2013

As of May 1st PartnerRe will split its global property and casualty business unit into two dedicated teams, focused on meeting the needs of PartnerRe's clients in mature and high-growth markets individually.

Despite Boston, TRIPRA may face a ‘stand-off’ on the Hill

North America18-04-2013

Terror incidents in the US have been thankfully few since the tragic events of September 11th. But the attack in Boston looks set to reignite the debate over the reinstatement of TRIPRA.

Schroders to strengthen ILS offering following acquisition


Following its acquisition of a 30 percent stake in Secquaero Advisors, a specialist ILS investment manager, Schroders will now be extending ILS to its institutional clients.

BMA creates supervisory role, appoints Swan


The Bermuda Monetary Authority has created the position of managing director, supervision—to be filled by Craig Swan, who worked formerly as the director, insurance supervision— to lead all of the Authority’s supervisory functions, effective immediately.

European joint committee highlights chinks in Europe’s financial armour


Banking union more likely, as the Joint Committee of the European Supervisory Authorities publishes its first look at the European financial systems’ vulnerabilities, which include ongoing macroeconomic woes and the fragmentation of the eurozone.

Bermuda’s USP in ILS


Third party capital is becoming an increasingly prominent component of the Bermuda landscape, driven by legislative change, active lobbying and the appeal of critical mass.

Showing 4001 to 4010 of 4139 results

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