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Everest Re to report Q2 charge for net reserve adjustments

Everest Re Group has announced that for the second quarter of 2018 it expects to report a charge for net reserve adjustments of approximately $250 million, after tax. 20 July 2018

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Key appointments announced at Sussex Capital

Sussex Capital, the Bermuda-based subsidiary of Brit, has appointed Richard Slater as underwriting director and Adam Champion as senior vice president, portfolio manager and operations. Both appointments are subject to approval from the Bermuda Department of Immigration. 19 July 2018

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XL Catlin supports driverless cars study initiative

XL Catlin is supporting a new robotics education initiative called Code Smart, which will see English schools study the science behind driverless cars. 19 July 2018

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AIG finalises Validus purchase

American International Group (AIG) has completed its acquisition of Validus Holdings. 18 July 2018

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Moving swiftly towards the blockchain future

Bermuda is embracing blockchain in a big way as the government encourages companies to relocate to the Island. Bermuda:Re+ILS takes a look at recent events. 18 July 2018

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RAA welcomes reported creation of FEMA cat bond

The Reinsurance Association of America (RAA) has welcomed the reported creation of a Bermuda-domiciled cat bond created by the Federal Emergency Management Administration (FEMA). 18 July 2018

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Haverford Bermuda chairman becomes IOD fellow

Reinsurer Haverford Bermuda has announced that its chairman, William Fawcett, has been named a life fellow of the UK-based Institute of Directors. 18 July 2018

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Third Point Re appoints new underwriting executives

David Drury and Steven Wilson have each been appointed to the position of senior vice president, underwriting, at Third Point Reinsurance. 17 July 2018

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Fitch raises US asbestos loss estimate total

Fitch has raised its projection for ultimate all-time US industry incurred asbestos losses from its previous estimate of $90 billion to $100 billion. 17 July 2018

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Pina Albo: my vision for the future of risk

Taking on the vision and legacy of an industry legend in the form of Brian Duperreault might seem daunting to some, but after 25 years with Munich Re Pina Albo has what it takes to fulfil the original vision of Hamilton Insurance Group and lead the way in writing the future of risk, as she tells Bermuda:Re+ILS. 16 July 2018

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