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PartnerRe’s profits rose by more than 800 percent in 2016, largely due to net realised and unrealised gains on investments over the year. 22 February 2017
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Applications for cat bond vehicles are to be streamlined by the Cayman Islands Monetary Authority (CIMA). 21 February 2017
News
Chubb, which has a significant presence on Bermuda, has appointed Adrian Matthews to the position of chief operating officer (COO) for Continental Europe, based in Paris. 21 February 2017
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Ernst & Young (E&Y) has carried out what it claims to be the first survey of insurance chief risk officers (CROs) in Bermuda, as their positions become increasingly important. 20 February 2017
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Bermuda-based Enstar Group is to sell its subsidiary Pavonia Holdings to an undisclosed affiliate of Global Bankers Insurance Group, the insurance and reinsurance group of companies of Eli Global, for $120 million. 20 February 2017
News
XL Group's board of directors has given the green light for a new share buyback programme, authorising the company to buy back up to $1 billion of its common shares. 20 February 2017
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Bermuda-based Hamilton Re has launched a contest for Bermuda high school students in support of Insurance Careers Month, the global initiative aimed at attracting young people to the insurance industry. 17 February 2017
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According to Fitch Ratings the January renewals show evidence that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers. 17 February 2017
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Bermuda-based Qatar Re has announced that Alastair Speare-Cole, the company’s chief underwriting officer (CUO), has resigned. 16 February 2017
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Bermuda-based Lancashire Holdings has announced that it had a difficult 2016, with net operating profits falling 17 percent from the previous year’s results. 16 February 2017
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