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News
PartnerRe reported net income of $295.7 million, or $5.61 per share, for the first quarter of 2014, markedly up on its 2013 results. 29 April 2014
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Bermuda-based Hamilton Insurance Group has appointed Kathleen Reardon as CEO of its Class 4 property casualty reinsurer, Hamilton Re. 29 April 2014
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With Floridians paying four times more in flood premiums than they receive in pay-outs from FEMA, the state is backing a push for increased private participation and freedom of form for Florida flood coverage. 29 April 2014
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Despite increasing competition, persistently low investment yields, and a lethargic rate of economic recovery in the US and Europe, Bermudian re/insurers achieved strong earnings in 2013, but results may prove a mixed blessing 29 April 2014
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The Bermuda Business Development Agency has appointed Ross Webber as its new CEO, following the departure of Stephen Lund. He will begin work at the start of August. 28 April 2014
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Florida Citizens has increased its reinsurance protection by 70 percent to $3.1 billion for the 2014 hurricane season, despite maintaining its existing reinsurance spend. 28 April 2014
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Willis has appointed David Martin as its UK CEO. Martin succeeds Steve Hearn and will begin work in May. 28 April 2014
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While the slowing of flood reform in the US has been an unwelcome development for the private market, FEMA research into growing private market participation and the continued direction of travel are cause for cautious optimism. 28 April 2014
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Strong underwriting statistics released by the BMA demonstrate the continued importance of the Bermuda market. 28 April 2014
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Aspen has reported a first quarter income of $120.4 million, up 31 percent year-on-year, but has spent $3 million defending itself against Endurance's hostile takeover bid. 28 April 2014
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