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Tropical depression KARL is expected to turn to a tropical storm on the evening of September 23 but will not directly impact Bermuda, according to the National Hurricane Center (NHC). 22 September 2016
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Markel CATCo Investment Management has announced that it has taken losses from an ongoing energy event off the west coast of Africa. 21 September 2016
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Aspen Insurance has appointed Michael Feighan as senior vice president and US head of accident and health. 20 September 2016
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Catalina Holdings, a Bermuda-based re/insurer, has released its 2014/15 financial results. 20 September 2016
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Hiscox has combined the expertise of its healthcare and cyber underwriters in Bermuda and London to launch Healthcare Threat Protect, an insurance product that deals with a hospital’s professional and general liability as well as its growing cyber exposures. 20 September 2016
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The 2016 Bermuda International Life and Annuity Conference (BILAC) will be hosted by Bermuda International Long Term Insurers and Reinsurers (BILTIR) and will be held in The Fairmont Southampton, Bermuda. 19 September 2016
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American International Group (AIG) has said that despite its sale of Ascot Underwriting Holdings (AUH) it will maintain its strategic partnership with AUH subsidiary Ascot Underwriting Bermuda (AUB). 19 September 2016
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XL Catlin has agreed to acquire Australian firms Brooklyn Underwriting and Brooklyn IT (Brooklyn) from their owner Paul Hines. The acquisition will be made by an indirect wholly-owned subsidiary of Bermuda-based XL Group. 16 September 2016
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Representatives from the Bermuda Monetary Authority (BMA) and ten major reinsurers took part in a recent brainstorming session, held at Bermuda Business Development Agency (BDA), led by global blockchain technology consortium, R3. 16 September 2016
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Currently only three European countries, including Bermuda, are classed as Solvency II (S2) equivalent, while negotiations between the European Union (EU) and US are in progress, according to Aon Benfield’s latest Reinsurance Market Outlook report. 15 September 2016
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