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Validus increases ILS and collateralised capacity


Validus is the latest Bermuda player to announce that it is increasing its ILS and collateralised capacity.

Capital markets key to dealing with nat cat threat


Speaking at the World Economic Forum, John Drzik, CEO of the Oliver Wyman Group, argued growing debt levels resulting from the financial crisis, are weakening the ability of governments to respond to catastrophic events.

Guy Carp: capital management key to growth

North America10-01-2013

In its annual renewals review—this year entitled The route of profitable growth—Guy Carpenter highlighted capital management as one of the key means to drive growth in the re/insurance market.

AM Best: reinsurance outlook stable

North America10-01-2013

Despite troubling global economic conditions, AM Best’s latest Global Reinsurance Outlook paints a stable picture for the reinsurance sector in 2013 and argues that it is well-positioned to ride out the ongoing crisis.

Arch announces new Canadian operations

North America10-01-2013

Arch Capital Group announced on Monday that the domestication of its Canadian insurance and reinsurance operations had been completed.

Fitch assesses OBA’s chances following election


After 14 years in power, Bermuda’s Progressive Labour Party (PLP) was defeated in this week’s election by the One Bermuda Alliance (OBA), which will form the new government under its leader Craig Cannonier.

Alterra set to be acquired by Markel

Bermuda, North America20-12-2012

Bermuda-based re/insurer, Alterra has announced that is to be acquired by US-based specialty insurer, Markel in a deal that will create a company that is expected to write $4.4 billion of premium annually.

Insurance rates slow, but retentions likely to fall

Bermuda, North America20-12-2012

Global insurance rate increases have slowed despite the impact of Superstorm Sandy, according to Marsh’s latest quarterly briefing, but there may yet be impetus to reduce primary retentions.

Allied World to acquire minority stake in Aeolus

Bermuda, North America20-12-2012

Allied World Assurance Company (AWAC) announced on Wednesday that it has acquired a minority stake in Aeolus Capital Management as it expands its Allied World Financial Services.

Bermuda’s $80 billion role integral to global economy


Business Bermuda released a report detailing the Island’s role in the global economy, just in time for the start of the New Year.

Showing 5431 to 5440 of 5468 results

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