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DARAG Guernsey has acquired the entire share capital of SOBC Services via its wholly owned subsidiary, SOBC DARAG Holdings. 20 November 2018
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AXA XL's reinsurance operation has announced that it has bought up all of the third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management. 20 November 2018
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Bermuda-based Sirius International Insurance Group has posted a net loss of $28 million for the third quarter of 2018, up from the net loss of $179 million it made in the same period of 2017. 19 November 2018
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Brit has launched Sussex Capital UK PCC, a new multi-arrangement Insurance Special Purpose Vehicle (mISPV). 19 November 2018
News
PwC has unveiled its second report examining the importance of blockchain to the insurance sector. Bermuda:Re+ILS examines some of the main findings of that report. 19 November 2018
News
While the renewals negotiations are uninspiring, a mixture of consolidation, developments in insurtech, cryptocurrencies and the debate around diversity means Bermuda’s risk transfer sector is dynamic and optimistic at the moment, according to the inaugural Bermuda:Re+ILS renewals survey. 19 November 2018
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PartnerRe has announced that its third quarter results were impacted by losses from Typhoons Jebi and Trami and Hurricane Florence as well as losses from its investment portfolio. 16 November 2018
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Hamilton Insurance Group has unveiled the lineup of insurtech startups that will pitch their new digital tools at the GR Innovation & Insurtech conference on November 19 at Rosewood Bermuda. 16 November 2018
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The government of Bermuda has been making a major push to attract Bitcoin and other electronic currencies to the Island. Bermuda:Re+ILS takes a look at the latest developments. 16 November 2018
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Results for the first half and second quarter of 2018 have painted a rather mixed picture for the Island’s re/insurers. Bermuda:Re+ILS reports. 16 November 2018
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