The global reinsurance market is facing a new reality shaped by abundant capacity from traditional and alternative sources, according to the latest report by rating agency AM Best. 2 September 2015
Till Capital, the Bermuda company that owns Omega Insurance and Resource Re, has made a series of announcements that sees it transfer some $5.3 million of reinsurance liabilities to another company and take action at two mining companies in which it holds substantial investments. 1 September 2015
Bermuda’s status as the global hub of choice for risk transfer has been given a big boost by the news that Qatar Re, a subsidiary of Qatar Insurance Company, will re-domicile its main operating company to Bermuda. 1 September 2015
Bermuda-based property and casualty insurance firm Endurance has rebranded the Lloyd’s platform it obtained as part of its acquisition of fellow Bermuda firm Montpelier Re. 27 August 2015
Bradley Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), has praised the Louisiana Department of Insurance and Insurance commissioner James Donelon for the improvements made to the Louisiana home insurance market 10 years after Hurricane Katrina. 26 August 2015
Cyber risk has emerged from nowhere to be ranked as the number three most worrying risk in Bermuda for re/insurance industry professionals. 26 August 2015
