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AXIS Capital plans to increase the amount of business it will cede with Harrington Re, the new total-return focused reinsurer formed in July this year, the main beneficiary, the leadership team at AXIS Capital revealed in a recent conference call covering its second quarter earnings.   11 August 2016
ILS
A report by the Bermuda Business Development Agency (BDA) has identified five opportunities for growth in the domicile’s participation in the global insurance-linked securities (ILS) market.   11 August 2016
News
Ironshore’s Pembroke Managing Agency, with offices in Bermuda, has presented its ‘Specie Consortium’, a project backed by 21 Lloyd’s syndicates which provides almost $635 million per risk.   11 August 2016
News
On the first anniversary of China’s Tianjin Port disaster, Risk Management Solutions (RMS), which has offices in Bermuda, reported that six out of ten most at risk ports are in the US with Asia-Pacific and European ports also a “major concern.”   10 August 2016
News
Blockchain could hold a significant potential in changing the way the wholesale insurance industry operates, but re/insurers, underwriters, brokers and many other players will need to work together, PwC Bermuda reports.   10 August 2016
News
Endurance Specialty, a Bermudian re/insurer, has introduced a range of environmental liability insurance products provided by Endurance Global Risk Solutions, which offer primary and excess coverage for single sites and property portfolios.   9 August 2016
News
Partner Reinsurance (PartnerRe), a Bermuda-based property/casualty and specialty reinsurer, has expanded its team through the appointment of Jörg Bruniecki.   9 August 2016
News
In a set of results that will greatly interest many Bermuda reinsurers, Berkshire Hathaway has admitted that soft rates in the reinsurance market have forced declines in the amount of business it wrote in the second quarter of this year.   8 August 2016
News
Profits soared at Enstar, a Bermuda-based re/insurer, in the second quarter of 2016, partly thanks to big improvements in its investment portfolio.   8 August 2016
News
Rebounding investment returns resulted in Third Point Reinsurance, a Bermuda-based reinsurer, reporting increased profits in the second quarter of 2016, but this disguised worrying losses on the underwriting side of the business, with the company releasing a combined ratio of 119.2 percent in the quarter.   5 August 2016

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