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News
The re/insurance world has been grappling with the possibilities posed by insurtech for some years, but is it just a slogan, or a bubble that will burst, or is there something more tangible emerging? Bermuda:Re+ILS investigates. 16 May 2019
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Aspen Insurance Holdings has shuffled its executive leadership team as part of a revised operational strategy under Apollo Global Management’s ownership, which includes the appointment of Christian Dunleavy as CEO of Aspen Bermuda. 15 May 2019
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Sompo Global Risk Solutions, a subsidiary of Sompo International offering multi-line capabilities targeted at select industries, has created a team offering insurance solutions for life sciences, and appointed Todd Lauer as senior vice president and head of the team. 14 May 2019
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Bermuda has a chance of being removed from the European Union's list of non-cooperative jurisdictions in tax matters - also known as the blacklist - as early as May 17, following a meeting by EU Finance Ministers (ECOFIN). 14 May 2019
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The former CEO and co-founder of Bermuda reinsurer Third Point Re, Robert Bredahl, has been appointed as president and chief operating officer at TigerRisk Partners, only the week after he had resigned. 14 May 2019
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Institutional Shareholder Services (ISS), an independent proxy advisory firm, has recommended that Argo Group shareholders vote against board nominations put forward by 5.6 percent shareholder Voce Capital Management amid an ongoing dispute about Argo's corporate expenses. 13 May 2019
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Bermuda reinsurer Maiden Holdings had a challenging start to 2019 following the termination of quota share contracts with AmTrust Reinsurance and the non-renewal of certain large European deals. 13 May 2019
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Ratings agency Standard & Poor’s (S&P) has affirmed Bermuda’s A+ long-term sovereign credit and senior unsecured debt ratings as well as its A-1 short-term rating and its AA+ transfer and convertibility assessment on Bermuda. 13 May 2019
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Third Point Re CEO Robert Bredahl has resigned from his position with immediate effect, with Daniel Malloy, current CEO of the company’s main operating subsidiary, succeeding him on an interim basis. 10 May 2019
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Bermuda reinsurer Third Point Re started 2019 with a record first quarter income of $132.9 million, driven by strong investment returns, although the company is still paying out more money in claims than it is receiving in premiums. 10 May 2019
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