According to catastrophe modelling firm AIR Worldwide, as of 11AM Atlantic Standard Time on Thursday, October 16, 2014 Hurricane Gonzalo’s eye was located about 485 miles (780 km) SSW of Bermuda. 17 October 2014
The chief financial officer (CFO) of XL Group’s insurance operations has been appointed to the newly created position of executive vice president, underwriting and ceded reinsurance. 16 October 2014
Bermuda-based insurance-linked securities (ILS) manager Horseshoe Group has launched operations in Gibraltar following approval of its licence. 16 October 2014
The chief executive officer (CEO) of one of Bermuda’s largest re/insurers, XL Group, has said that the influx of third party capital should be seen as an opportunity. 14 October 2014
