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Bermuda’s long-standing tax advantages for reinsurers have been reduced but not eliminated by the Trump Administration’s recent tax cuts, according to a new report by Fitch ratings.   24 January 2018
News
Argo Group International Holdings has announced a preliminary pre-tax catastrophe loss estimate for the three-month period ended December 31, 2017 of $34-$38 million, net of ceded reinsurance recoverables, reinstatement premiums and expected profit commissions.   24 January 2018
News
AXIS Capital Holdings has unveiled a series of organisational changes that it says will strengthen its operating model, announcing that this will make the Company “future-ready” and further positions it for long-term profitable growth.   24 January 2018
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Brian Duperreault, president and chief executive officer of AIG, and Ed Noonan, chairman and chief executive officer of Validus, have stressed the benefits of AIG’s purchase of Validus.   23 January 2018
News
PartnerRe has concluded a £725 million longevity reinsurance agreement with specialist insurer of defined benefit pension funds Pension Insurance Corporation (PIC).   23 January 2018
ILS
Validus Holdings is to be bought up by American International Group (AIG) for a total of $5.56 billion, in the first such M&A deal in the market in 2018.   22 January 2018
News
The organisers of the Bermuda Captive Conference (BCC) have unveiled their spotlight speakers for the event, which is scheduled to run June 11–13 at the Fairmont Southampton.   22 January 2018
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Canopius has appointed Victoria Phillips as energy underwriter. She joins from Marsh in Singapore and will continue to be based in Singapore.   22 January 2018
News
According to a new report by Fitch Ratings, the reinsurance underwriting cycle may finally have turned, but price rises look modest, suggesting that the cycle may have become flatter.   19 January 2018
News
RenaissanceRe subsidiary RenaissanceRe Ventures is to buy a minority stake in Bermuda-based Catalina Holdings.   19 January 2018

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