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News

Let the best talent rise

A good diversity policy is a journey, not a destination, but when done right it means the best talent rises to the top—and that means everyone wins, says David Gibbons, Partner, PwC Bermuda.   8 September 2018

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Breaking down the barriers

Diversity has been identified as a key issue for Bermuda, as the re/insurance industry does its best to move on from the stereotypes of the past and embrace a more inclusive future. Bermuda:Re+ILS explores the latest developments.   8 September 2018

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R&Q unveils corporate restructuring plan

R&Q Investment Holdings has announced a corporate restructuring to create a newly named division, Accredited, which comprises its US and European program management businesses.   7 September 2018

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AM Best report underlines importance of Bermuda

Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by tax reform in the United States, which fundamentally changed how multinational entities are taxed, according to a new AM Best report, “Global Reinsurance: Optimism Fizzles, It’s Back to the ‘New Normal.’”   7 September 2018

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AM Best assigns ratings for Essent companies

AM Best has assigned financial strength ratings of A (Excellent) to Essent Guaranty, Essent Guaranty of PA, and Essent Reinsurance. The outlooks assigned to these credit ratings are stable, and are effective as of September 5, 2018.   7 September 2018

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Sompo launches new professional lines platform

Sompo International Holdings is launching SomPro, a global financial and professional lines platform encompassing insurance and reinsurance capabilities.   7 September 2018

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Navigating the three Ts

Jeremy Cox, CEO of the Bermuda Monetary Authority, explains three major issues for Bermuda, as laid out in the authority’s 2018 Business Plan.   6 September 2018

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Well-positioned for future growth

Bermuda:Re+ILS sat down with Charles Cooper, chief executive, Reinsurance at XL Catlin, to discuss where the company stands as it prepares for integration with AXA.   6 September 2018

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Catalina creates new M&A and resinsurance position

Catalina Holdings has announced that Parri Spector has joined the business as director of M&A and reinsurance transactions.   6 September 2018

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New head of US property at Arch

Arch Insurance announced that Valerie Turpin has joined the company as executive vice president (EVP) and head of US property. She succeeds Michael Kmetz, who has taken a different role within the firm.   6 September 2018

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