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Till Capital ups stake in energy company

Bermuda-based Till Capital has acquired a larger stake in encore Energy through its reinsurance subsidiary Resource Re. 16 December 2014

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Armour buys two Mexican insurers

Armour Group, the Bermuda-based group of re/insurance, investment and service companies, has acquired two Mexican insurers. 15 December 2014

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James River prices IPO below range

Bermuda-based insurer James River has raised $231 million, below the range it had provided previously in its initial public offering. 15 December 2014

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CEO sells 15,000 Montpelier Re shares

Richard Chattock, the chief executive officer of Bermuda-based Montpelier Re, sold 15,000 shares on December 8. 12 December 2014

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UK regulator eyes underwriting standards

The deputy governor of the Bank of England and CEO, the Prudential Regulation Authority, has stressed that while the regulatory body remains concerned about the robustness of the management of risk it is also not the regulator’s role to prevent entry into an industry. 11 December 2014

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Third Point Re’s Berger targets US with two hires

John Berger, the chief executive of Third Point Reinsurance, has turned to two former colleagues as he has revealed plans to target growth in the US. 11 December 2014

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Leaders voice concerns over ‘alternative’ capital

Three of the industry’s most respected leaders have voiced concerns over the potential of so-called alternative capital to damage the industry’s reputation due to instability caused by a delinking occurring between the risk and the source of the capital. 11 December 2014

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BF&M pays out $10m in hurricane claims

Bermuda insurance company BF&M has already paid out more than $10 million in claims stemming from hurricanes Fay and Gonzalo, the company said in its third quarter results release. But it added that its reinsurance programme has limited losses and the overall effect on its earnings. 10 December 2014

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Bermuda to host ALARYS 2016

Bermuda has been selected to host ALARYS 2016, a biennial conference for risk managers from countries throughout Latin America. 10 December 2014

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Axis Capital ups dividend for 11th consecutive year

Bermuda-based Axis Capital has increased its common dividend for the eleventh consecutive year. 9 December 2014

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