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XL Catlin has been given the regulatory green light to provide insurance policies in the principality of Monaco. 15 March 2017
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Alex Maloney, group chief executive of Lancashire, the parent company to Bermuda-based third-party capital management division Kinesis, has claimed that the re/insurance markets remain cyclical, with the industry operating on the very margins of profitability. 15 March 2017
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More than 160 healthcare industry specialists are set to converge on Bermuda to discuss risk management trends and challenges facing healthcare providers in the United States at the inaugural Bermuda Healthcare Forum. 14 March 2017
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Bermuda-based Qatar Re, a subsidiary of Qatar Insurance Company, has announced the successful issue of $450 million Reg S Perpetual non-call 5.5 subordinated Tier 2 notes guaranteed on a subordinated basis by QIC to institutional investors. The company said that this represents its debut issuance in the international debt capital markets. 14 March 2017
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International General Insurance Holdings (IGI), which has an office in Bermuda, has reported lower gross written premiums and net profits for 2016. 13 March 2017
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Premier Michael Dunkley will be speaking at the Risk Insurance Management Society’s (RIMS) 2017 annual meeting in Philadelphia in April. 13 March 2017
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Ironshore Specialty Casualty has announced that it has tweaked its transition protection policy form to address contractual exposures related to an organisational merger or acquisition specific to the construction industry. 10 March 2017
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Angie Strack has been appointed to the position of senior vice president and underwriting manager for XL Catlin’s global risk management division's US North Central region. 10 March 2017
ILS
From captives to sidecars, Bermuda has long been at the forefront of innovation. Now, it is well positioned again to lead from the front and become a global innovator in fintech and regtech, says Grant Gibbons, Bermuda’s Economic Development Minister. 9 March 2017
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Bermuda-domiciled special purpose insurer Versutus has had its collateralised reinsurance capacity expanded by its parent Brit. 9 March 2017
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