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News
Arch Capital Group (ACGL) has announced that François Morin will become executive vice president and chief financial officer (CFO) of the company as from May 25, 2018. He will report to Marc Grandisson, president and chief executive officer of ACGL. 15 May 2018
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As the Bermuda market absorbs the impact of the first round of quarterly results, an exclusive survey of Bermuda:Re+ILS readers has revealed that the latest round of renewals left the market somewhat flat. 14 May 2018
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AM Best has assigned a financial strength rating of A+ (Superior) and a long-term issuer credit rating of “aa” to Munich Re of Bermuda, (Munich Re Bermuda), a wholly owned indirect subsidiary of Munich Reinsurance. 14 May 2018
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Stephen Postlewhite, the former chief executive officer of Aspen Insurance, has been awarded £852,256 under the terms of his termination agreement with the company. 14 May 2018
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Fitch Ratings has claimed that in the wake of a trying 2017 profitability will remain under pressure for Bermuda reinsurers. 14 May 2018
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XL Catlin’s new global head of claims is Brent Hoffman, who was formerly at XL Group. 11 May 2018
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XL Catlin has helped the Stimson Center's Environmental Security program to build a predictive mapping model that will help identify the developing coastal nations that are most at risk from climate change. 11 May 2018
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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” of MS Amlin AG, which writes third-party reinsurance business through its operations in Bermuda and Zurich, and acts as an internal reinsurer for the MS Amlin group. 11 May 2018
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The Nature Conservancy (TNC) and XL Catlin have created a project to develop blue resilience carbon credits, valuing the combined carbon sequestration and resilience benefits provided by coastal wetland ecosystems. 11 May 2018
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The board of directors of Blue Capital Alternative Income Fund is to recommend an orderly run-off of the company at a special general meeting (SGM) of shareholders to be held at the earliest practicable date. 11 May 2018
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