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AM Best has affirmed the financial strength rating (FSA) of A- (Excellent) of Through Transport Mutual Insurance Association (TTB) (Bermuda) and its subsidiary, TT Club Mutual Insurance Limited (TTI) (United Kingdom). 27 May 2016
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XL Catlin's environmental insurance business has added new protection to its contractor's professional and pollution legal liability insurance. 27 May 2016
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XL Catlin has appointed Michael Rüsch as country manager for its insurance operations in Switzerland, effective July 1. 26 May 2016
ILS
The annual Bermuda Captive Conference will be opened by Premier Michael Dunkley next month and will feature a selection of top industry and regulatory leaders discussing global market trends and other hot topics. 26 May 2016
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Financial repression, turmoil in emerging markets and increased localisation of internet networks within country borders are some of the main risks identified by Swiss Re in its latest SONAR report. 25 May 2016
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Everest Re has appointed David Sandler as leader of Everest Risk Management at Everest Insurance. 24 May 2016
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Bermuda’s re/insurance companies collectively enjoyed substantial growth in the first quarter of the year – but the gains were driven by acquisitions made by a small number of companies in the past 18 months, according to a report from S&P Global Ratings. 24 May 2016
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The Board of Directors of Endurance Specialty Holdings has declared a quarterly dividend of $0.38 per ordinary share, $0.39583 per share payable on its 7.50 percent non-cumulative preferred shares, Series B (the Series B Preferred Shares) and $396.875 per share payable on its 6.35 percent non-cumulative preferred shares, Series C (the Series C Preferred Shares). 24 May 2016
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World Bank Group has created the first-ever insurance market for pandemic risk by launching a new global financing mechanism, the Pandemic Emergency Facility (PEF). 23 May 2016
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AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A- (Excellent) of the members of Athene Group. 23 May 2016
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