News
News
The Bermuda Monetary Authority (BMA) has released its first report on the resilience of Bermuda’s reinsurance industry to major, but improbable, catastrophic events. 28 November 2016
News
Until Hurricane Matthew, the 2016 North Atlantic hurricane season had been fairly quiet—as it has in recent years. Was this just the quiet before the storm—or the sign of a bigger picture? Bermuda:Re+ILS reports. 28 November 2016
News
There is a lot of excitement about the future of self-driving technology and autonomous vehicles. Aon explains the likely implications for the insurance sector, including a reduction in personal motor premiums. 28 November 2016
News
In an industry that is stagnating, Bermuda’s re/insurers have been quick to embrace the potential growth in cyber risk—but they are also wary, as Bermuda:Re+ILS finds out. 28 November 2016
News
The re/insurance industry has been worrying about cyber threats for some time. Despite the complexities, it seems that cyber is offering an opportunity for a section of the Bermuda industry. Bermuda:Re+ILS reports. 28 November 2016
News
Bermuda-based re/insurer Athene Holding has launched an initial public offering (IPO) of its 23.8 million Class A common shares. 28 November 2016
News
Essent Group, the Bermuda-based holding company which owns mortgage insurer Essent Guaranty and mortgage reinsurer Essent Reinsurance, has announced that chairman and CEO Mark A. Casale will present at the JP Morgan 2016 FinTech & Specialty Finance Forum. 28 November 2016
News
XL Catlin, a subsidiary of Bermuda-based XL Group, has introduced an emergency security and disaster evacuation (ESDE) solution for businesses with employees working internationally. 25 November 2016
News
Japanese insurer Sompo Holdings has raised its profit target for 2018, driven by expectations of its agreed acquisition of Endurance, as well as good performance of its domestic property/casualty business. 25 November 2016
ILS
The UK government is working on the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which would allow London to compete with reinsurance hubs like Bermuda. 24 November 2016
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