News
ILS
For the second year running, Bermuda:Re+ILS is highlighting some of the most successful female executives working in risk transfer in Hamilton. What follows is a selection of profiles and comments from those we interviewed. For the full profile of every executive from both 2016 and 2015 please find a full digital report online at: http://www.emagcloud.com/NewtonMedia/BReILS_IWOB_2016/index.html 22 July 2016
ILS
As we champion the expansion of female talent in the industry, we speak to Kiernan Bell, one of the most respected professionals in Bermuda and now chair of the Bermuda Business Development Agency (BDA), about glass ceilings and the aims of the BDA. 22 July 2016
ILS
Two bond insurance subsidiaries of Assured Guaranty, Assured Guaranty Municipal and Assured Guaranty Corp, have filed a motion and form of complaint at the Federal District Court in Puerto Rico seeking the relief from the stay provided by the Puerto Rico Oversight, Management, Economic Stability Act (PROMESA). 22 July 2016
ILS
Bermuda’s convergence and insurance-linked securities (ILS) industry produced at least 400 jobs in the jurisdiction by the last quarter of 2015, according to the Bermuda Business Development Agency (BDA). 22 July 2016
ILS
Timetric’s Insurance Intelligent Center (IIC) has predicted a steady rise in the Bermuda insurance industry which is expected to reach $167.1 billion by 2019. 12 July 2016
ILS
Artex, the Bermuda-based alternative risk management subsidiary of Arthur J Gallagher, has positioned itself for growth in the alternative risk market, and has updated its logo and brand platform. 11 July 2016
ILS
Broker-dealer Swiss Re Capital Markets has structured and placed the issuance of $100 million of insurance-linked securities (ILS) by Laetere Re on behalf of United Property & Casualty Insurance Company, Family Security Insurance Company and Interboro Insurance Company, known collectively as UPC. 8 July 2016
ILS
Reinsurers that have established a strong foundation of proven, effective underwriting and reserving principles, especially those with diversified portfolios, will have the best chance to remain relevant and profitable in the current market. 22 June 2016
ILS
Horseshoe Group, an independent insurance manager, has acquired a Bermuda-based fund administrator, IKONIC Fund Services, to form an independent fund administrator and insurance manager dedicated to both the insurance linked securities (ILS) and the alternative fund markets. 13 June 2016
ILS
XL Catlin’s insurance operations has launched a new team to focus on alternative risk transfer and non-traditional insurance globally. 8 June 2016
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