News
News
Silverton Re, formed by Aspen Re’s capital markets division to provide additional collateralised capacity to support the reinsurer’s global reinsurance business, will be capitalised at $65 million. 2 December 2013
article
The Cayman Islands Stock Exchange has lowered application fees for ILS in response to the lead that it has lost to Bermuda in the space. 2 December 2013
article
Rather than concentrating on the competitive dynamic, the industry should be viewing convergence capital as an opportunity to unlock new risks. 2 December 2013
ILS
The latest figures from ILS Advisers and Eurekahedge show a slowing in the strong rally achieved in the cat bond market since June this year, with the market up 0.17 percent in October. 29 November 2013
News
Jason Keen will be responsible for the growth and performance of ACE's property insurance portfolios in the region, with immediate effect. 29 November 2013
News
AXIS has received formal approval for the launch its own Lloyd’s syndicate in 2014, AXIS Syndicate 1686, which will deliver £119 million to the Lloyd’s market. 29 November 2013
News
Hardy Underwriting has announced that it has ceased underwriting business from Bermuda following a “strategic business review”. Hardy will remain domiciled on the Island. 29 November 2013
News
A new Bermuda class is likely to comprise life reinsurers and/or hedge-fund backed reinsurers, looking to take advantage of the Island’s beneficial regulatory and tax regime. 28 November 2013
article
The restructuring is part of an overarching Group strategy for delivering service excellence, according to Michael East. 28 November 2013
News
Attracting jobs to the Island will be a key metric of the success of the newly-formed Bermuda BDA, but a “lead indicator” will be its ability to access and influence key decision-makers in re/insurance, funds and asset management. 27 November 2013
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