News relating to the Bermuda and international insurance and reinsurance industry.
BMS Re poaches Guy Carpenter exec as it strengthens its origination team
BMS Re, the independent reinsurance broker, has poached a new executive vice president for its origination team from Guy Carpenter.
L&G Re names new CEO as Olunloyo takes new role at L&G America
Legal & General Re has named a new chief executive officer (CEO) to replace Thomas Olunloyo, L&G Re’s CEO since 2017 who is relocating to the US to join Legal & General America (LGA) as executive vice president and deputy CEO.
Reinsurance rates continue to climb but are close to the top of the cycle: Willis Re
Reinsurance rate increases continued for most major lines and territories during the June and July renewal periods, but the market is approaching the top of this cycle as it reaches a state of equilibrium.
Ascot beefs up US facultative reinsurance capabilities with two hires
Ascot has expanded its US facultative reinsurance capabilities with two new hires.
TAI unveils new AI-driven platform for treaty management
Tindall Associates (TAI), a provider of reinsurance administration software and services that serves clients in Bermuda and internationally, has launched TAI Treaty, a digital solution for treaty management.
AXIS sponsors UK-based Cyber Helpline
AXIS Insurance is providing a year-long sponsorship for UK-based The Cyber Helpline, a resource that helps individuals impacted by cyber attacks.
Twelve Capital ramps up European distribution efforts with two hires
Twelve Capital has hired two senior distribution specialists to focus on the UK and Benelux/Nordics markets as it seeks to expand its distribution efforts under its new BaFin licence.
Former BIMA president announces her retirement
The former president of the Bermuda Insurance Managers Association has announced her retirement.
Horseshoe beefs up its business development team with former BDA exec
Horseshoe has strengthened its business development team for ILS in Bermuda with a new hire.
Saudi Re adopts RMS models as it steps up expansion in Asia
The Saudi Reinsurance Company (Saudi Re) has adopted RMS models and services as it seeks to gain a more comprehensive view of the Asian market.
