News
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Brian Duperreault’s Hamilton Insurance Group, the holding company for Hamilton Re, appoints former Validus CEO Conan Ward to head the group’s US operations. 12 February 2014
News
Casualty modelling firm Praedicat is mining scientific literature in order to flag up casualty exposures, promising to provide insurers insights into potential liabilities seven years before public awareness and potentially bruising litigation. 12 February 2014
News
Markel grew its gross written premiums by 56 percent to $3.9 billion in 2013, up from $2.5 million in 2012, as it strengthened its excess and surplus, specialty, London market and Alterra operations. 11 February 2014
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Praedicat, a subsidiary of RMS has launched CoMeta an analytical tool that will help re/insurers model and understand casualty risk in the global financial services sector. 11 February 2014
News
RMS(one) will be launched on April 15, offering users access to all RMS catastrophe models on one all-encompassing cloud-based exposure and risk management platform. 11 February 2014
News
Michael Lee, president and CEO of Bermuda-based Tower Group has resigned. William Fox is expected to become the company’s new president and CEO. 10 February 2014
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Catlin strengthened its pre-tax profit by 27 percent and its net income by 29 percent during a strong year for the multi-class re/insurer, particularly in its international segment. 10 February 2014
ILS
Bermuda Convergence 2014 will take place on November 12-13 this year. Pier 6 on the Waterfront will once again be the venue for the event. 10 February 2014
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The new endorsement provides reimbursement for expenses incurred as a direct result of privacy or network security wrongful acts with aggregate limits of $1,000 per incident. 10 February 2014
News
Following the completion of its acquisition of CMG Mortgage Insurance Company and PMI Mortgage Insurance Company, Arch has been classified as an eligible mortgage insurer by Fannie Mae and Freddie Mac. 10 February 2014
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