News
ILS
The Bermuda Monetary Authority (BMA) has granted its first insurance regulatory sandbox license to insurtech AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks. 16 May 2019
News
Bermuda-based reinsurer PartnerRe has completed its second reinsurance longevity risk transaction with The Manufacturers Life Insurance Company (Manulife). 15 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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Bermuda re/insurers Argo and RenaissanceRe have both received unwanted attention from so-called activist investors. As the trend gains traction globally, other players may need to brace themselves for similar challenges. Bermuda:Re+ILS investigates. 13 May 2019
News
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
ILS
Athene Holding, a provider of retirement saving products based in Bermuda, has formed a strategic capital solution expected to provide it with up to $4 billion of on-demand, third-party equity capital, to help it pursue various growth initiatives. 8 May 2019
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Against a backdrop of heavy losses Bermuda-based specialist insurer Hiscox has increased its rates on some of its core businesses, including its London Market operations and reinsurance business. 7 May 2019
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Ryan Specialty Group (RSG) has partnered with Ohio-based insurer and Fortune 100 company Nationwide to create a new reinsurance company based in Bermuda, Geneva Re. 7 May 2019
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Cyber insurance continues to evolve to meet the latest threats and regulatory changes, as Noel Pearman of AXA XL explains to Bermuda:Re+ILS. 7 May 2019
News
Samsung Fire & Marine (SFMI), the Korean non-life insurer and part of Samsung Group, has become a significant minority investor in Canopius, specialty re/insurer with underwriting operations in Bermuda, China, Ireland, the Netherlands, Singapore, Switzerland, the UK and US. 3 May 2019
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