News

News

Positioned for change

The reinsurance industry is changing fast. Kathleen Reardon, CEO of Hamilton Re, believes this pace will only accelerate as it gets to grips with the potential of big data, as she told Bermuda:Re+ILS   20 October 2014

Re/insurance

Well worth the wait: European opportunities

Europe continues to present opportunities for Bermudan reinsurers, but only if they are prepared to knuckle down for the long haul, demonstrate their commitment to the region and take a flexible approach to addressing client needs. Bermuda:Re+ILS reports.   20 October 2014

Re/insurance

Changing with the times

As competition and regulatory pressures change the industry, the financial officers of reinsurers have an increasingly important role to fulfil, as Derrick Irby, executive vice president & CFO of XL Group’s Reinsurance Operations, explains to Bermuda:Re+ILS.   20 October 2014

News

New platform, old hand

After a successful merger of Hiscox’s reinsurance operations, Jeremy Pinchin is settled in his role as CEO of Hiscox Re and is taking a cautious, strategic view of the future. He tells Bermuda:Re+ILS why Hiscox Re is in a strong position, despite being a ‘new’ player.   20 October 2014

Re/insurance

The cutting of coats to suit the cloth

EY’s latest survey highlights continued success in operational cost reduction across the speciality insurance and reinsurance market. Pete Cangany, Chris Maiato and Craig Russell explained the remaining opportunities for cost reduction and containment to Bermuda:Re+ILS.   20 October 2014

News

Category 4 Gonzalo takes aim at Bermuda: AIR

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

News

Ironshore enhances kidnap and ransom coverage

Bermuda-based Ironshore International has enhanced its insurance coverage for kidnap & ransom risks to protect corporate entities, as well as private family exposure to unexpected events.   17 October 2014

News

Till Capital completes Omega acquisition

Bermuda-based reinsurance provider Till Capital has acquired Omega Insurance, a Canada based insurance provider.   17 October 2014

News

Kading: Regulatory standards and protectionist measures are business risks

President of the Association of Bermuda Insurers and Reinsurers (ABIR), Brad Kading, has cited international insurance regulatory standards and various protectionist measures as posing a risk to global business.   17 October 2014

ILS

Bermudian ILS manager launches in Gibraltar

Bermuda-based insurance-linked securities (ILS) manager Horseshoe Group has launched operations in Gibraltar following approval of its licence.   16 October 2014

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