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MS Amlin invests in cyber reinsurance MGA Envelop Risk

Re/insurer MS Amlin, which has a presence on Bermuda, has purchased a strategic stake in Envelop Risk, a global specialist reinsurance MGA that combines insurance expertise with artificial intelligence-driven cyber risk modelling. 21 May 2019

News

Sompo appoints head of financial lines in Germany from Amlin

Sompo International Holdings has appointed Udo Pützer as head of financial lines insurance in Germany. 21 May 2019

News

EU removes Bermuda from tax haven blacklist

The European Union has removed Bermuda from its list of non-cooperative jurisdictions in tax matters, also known as the tax haven blacklist. 17 May 2019

ILS

Bermuda’s first regulatory sandbox license granted to AkinovA

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

PartnerRe expands reinsurance longevity deal with Manulife

Bermuda-based reinsurer PartnerRe has completed its second reinsurance longevity risk transaction with The Manufacturers Life Insurance Company (Manulife). 15 May 2019

News

Bermuda hopeful for blacklist removal on May 17

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

News

The rise of activist investors

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 to step down, US leadership shuffled

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 forms third-party capital subsidiary ACRA

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

News

Rates increases drive Hiscox Q1 growth

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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