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Economies of scale might be a driving force behind many M&A deals but that dynamic could change, say James Ferris, Leslie Fenton and Ritendra Roy from PwC. 13 April 2018
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As M&A activity on Bermuda continues to heat up, Joseph Milicia, P&C M&A Practice Leader for the Americas, Willis Towers Watson, suggests the keys to a smooth transaction are the right internal team, a sound strategy, the right team of external M&A professionals—and the motivation to do a deal. 13 April 2018
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As the Bermuda M&A bubble shows little sign of bursting, Alan Bossin, partner at law firm Appleby, offers predictions on what else we should expect this year and suggests that good due diligence at the outset of the transaction can help avoid bumps in the road. 13 April 2018
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M&A activity has got off to a bullish start in 2018 but more deals, potentially even bigger, could be in the pipeline, say John Johnston, Boris Lukan, Heldar Carreiro and Gokul Sudarsana of Deloitte. 13 April 2018
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A 14-strong delegation of industry representatives will head to Canada in May to promote the corporate benefits of setting up a captive insurance company in Bermuda. 13 April 2018
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Sompo International has announced that Sompo Global Risk Solutions (GRS) is to offer umbrella insurance tailored to US based accounts in the commercial real estate and hospitality industries via a new casualty insurance risk purchasing group developed by HUB International. 13 April 2018
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Everest Re Group has announced that it has revised its losses from the 2017 wildfires in California upwards from its initial estimates. 12 April 2018
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Bermuda Premier and Minister of Finance David Burt will lead a delegation of government, regulatory and industry leaders to the upcoming Risk and Insurance Management Society (RIMS) annual conference and exhibition in San Antonio, Texas. 12 April 2018
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AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” from “a-” of Bermuda-based Nissan Global Reinsurance. The outlook of these ratings remains stable. 12 April 2018
ILS
Cybersecurity is a generational exposure, according to Rick Welsh, CEO of Sciemus, but Bermuda has a chance to lead in dealing with it—and ILS could have a part to play. 12 April 2018
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