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Bermuda lags behind Europe in ERM disclosure

Asia-Pacific, Bermuda, Europe, North America20-03-2014

A recent report by Guy Carpenter has found that while the global re/insurance industry is strengthening its disclosure of ERM practice and methodology, Bermuda continues to lag behind Europe in terms of transparency.

Hong Kong captives set to enjoy a 50% reduction in tax


Hong Kong’s Legislative Council has passed an Inland Revenue Amendment that will provide a 50 percent tax concession on the profits of captive insurers.

Endurance launches data breach coverage

Bermuda, North America19-03-2014

Bermuda-based Endurance has launched a new data breach product, Breach Assist, which will provide insureds with coverage for legal costs, forensic analysis and customer interaction following a data breach.

TRIPRA renewal spells opportunity for reinsurers

Bermuda, North America18-03-2014

Despite indications that TRIPRA will be renewed, a recent report by S&P has raised suggestions that it may yet expire and that US insurers should at the very least expect it to change form at the next renewal.

JLT Tower Re expansion a signal of intent in Bermuda


JLT Towers Re, which was formed following JLT Re’s acquisition of Towers Watson Re’s global operations, has launched an expanded Bermuda platform as it looks to develop deeper ties with Bermuda carriers.

Pension funds being pushed from the wheel by beta-seekers

Bermuda, North America18-03-2014

Beta-seeking fixed income managers and mutual funds are driving pricing dynamics at the margins within the cat bond market, despite the deepening role of pension funds within the ILS space.

Tokio issues second Bermuda quake bond

Asia-Pacific, Bermuda18-03-2014

Tokio Marine and Nichido Fire Insurance, the property and casualty subsidiary of Tokio Marine, has issued a $245 million Bermuda-based bond for Japanese earthquake risk.

CATCo launches fund focused on traditional reinsurance

Bermuda, Europe, North America17-03-2014

Insurance investment manager, CATCo has launched Aquilo, a fund that will be the firm’s first pursuing a traditional reinsurance investment strategy.

Buffett has “almost eliminated” BH's US cat business

North America17-03-2014

Speaking on US cable television station CNBC, Warren Buffett, chairman and CEO of Berkshire Hathaway has said that the company has “almost eliminated” its US catastrophe insurance business.

Cyber pricing tool promises to shake up market’s approach

Bermuda, North America14-03-2014

Kalista Global is set to launch a cyber terrorism pricing product that will help the industry move away from an “esoteric” view of risk and towards an accurate and informed view of cyber exposure.

Showing 4331 to 4340 of 4882 results

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