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It’s been a busy year for the reinsurance industry on Bermuda. Bermuda:Re+ILS surveyed readers to find out what caught people’s attention the most over the course of the year. 20 December 2018

News

Eyes on the horizon as 2019 looms ahead

After a tough couple of years what might lie ahead for the reinsurance market in 2019? Bermuda:Re+ILS reveals the results of its latest reader survey. 20 December 2018

ILS

KBW: reinsurance pricing expected to harden in 2019

According to analysts at Keefe, Bruyette & Woods (KBW) market participants are expecting steadily rising reinsurance pricing over the course of 2019. 20 December 2018

News

AM Best assigns rating for Vermeer Re

Vermeer Reinsurance, the recently launched property catastrophe reinsurer created by RenaissanceRe and Dutch pension fund manager PGGM, has had a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” assigned to it by AM Best. 20 December 2018

News

AXIS issues California wildfire damage estimate

AXIS Capital Holdings has estimated that its pre-tax loss from California wildfires could be between $125 million and $150 million. 20 December 2018

ILS

Bermuda won’t let up on forging ahead with ILS

Bermuda will “keep on keepin’ on” and doing what it is doing when it comes to insurance-linked securities (ILS), says Greg Wojciechowski, chief executive officer of the Bermuda Stock Exchange. Here he looks back at 2018 and forward to 2019 as the jurisdiction continues to work hard to develop and keep its solid platform. 20 December 2018

News

RenRe targets US property catastrophe market with joint venture

RenaissanceRe Holdings and PGGM, a Dutch pension fund manager, are to launch a new property catastrophe reinsurer. 19 December 2018

ILS

New BMA report highlights ILS growth

According to the latest Bermuda ILS Market Report by the Bermuda Monetary Authority global insurance-linked securities (ILS) issuance volume rose significantly year over year in the third quarter of 2018. 19 December 2018

News

Sompo announces high level changes

Sompo is reorganising its group structure and is to create the position of group chief operating officer (COO) from Jan. 1, 2019. 18 December 2018

News

Integro sees US operations bought by EPIC

Californian company EPIC Holdings is acquiring the US operations of insurance broker and risk manager Integro Group Holdings. 18 December 2018

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