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Liberty Specialty Markets, a subsidiary of Liberty Mutual Insurance, which has a major presence on Bermuda, has entered into a renewal rights agreement with Ironshore Europe to take on its European non-M&A business and staff. 11 July 2018
News
Ironshore Insurance Services has created an energy equipment facility offering property and inland marine insurance coverage targeted at on-shore middle market classes of business in the US. 10 July 2018
News
Monument Re has announced that it has acquired closed Dutch life insurer Robein Leven and its subsidiaries from Amerborgh Financial Services. 10 July 2018
News
The Bermuda Monetary Authority’s (BMA) chief enforcement officer Garrett Byrne has been appointed vice chair of the International Association of Insurance Supervisors’ (IAIS) Financial Crime Task Force (FCTF). 10 July 2018
ILS
Frontline Re has created a $350 million catastrophe bond using insurance-linked securities that were structured and placed by Swiss Re Capital Markets. 9 July 2018
ILS
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the Bermuda Stock Exchange reinforced its position as the ILS listing venue of choice, as BSX president and CEO, and chairman of ILS Bermuda, Greg Wojciechowski explains. 9 July 2018
News
MS Amlin, which has a major presence on Bermuda, has appointed Brecht van Hoorebeke as war underwriter, responsible for the development and growth of MS Amlin’s war business across continental Europe. 9 July 2018
News
Horseshoe Group has announced that Jean-Bernard Crozet will be joining the firm as senior vice president – advisory services and head of Horseshoe’s London office. 9 July 2018
News
Bermuda’s Minister of National Security, Wayne Caines, has represented Bermuda at a special roundtable on digital assets run by the Organisation of Economic Co-operation and Development (OECD) in Paris. 6 July 2018
News
Swiss Re’s latest world insurance Sigma report has reported that global insurance premiums increased 1.5 percent to nearly $5 trillion in 2017, after rising 2.2 percent in 2016. 6 July 2018
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