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The Bermuda Monetary Authority (BMA) has issued a warning of the risks involved in investing in initial coin offerings (ICOs) such as bitcoin. 18 January 2018
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Ironshore has made two changes to its senior executives, with Steve Horton appointed as chief executive officer, Iron-Starr, and Susan Pateras appointed chief operating officer, Ironshore Bermuda. 18 January 2018
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Cyber attacks and other forms of cyber threats have become one of the top business risks, according to a new survey by Allianz Global Corporate & Specialty (AGCS). 17 January 2018
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Canopius, which has a major presence on Bermuda, has appointed William Kelly as senior vice president of its US management & professional lines team. 17 January 2018
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XL Group has revealed that Leila Madeiros, senior vice president, deputy director and corporate secretary of the Association of Bermuda Insurers and Reinsurers (ABIR), will join the company in April as head of compliance & regulatory affairs, Bermuda. 16 January 2018
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AM Best has assigned a financial strength rating of A+ (Superior) to Hannover Life Reassurance Company of America (Bermuda), a wholly owned indirect subsidiary of Hannover Re. 16 January 2018
ILS
Legal company Appleby has announced that it played a part in the majority of transactions involving insurance-linked securities (ILS) during 2017. 16 January 2018
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Randall & Quilter Investment Holdings is selling off its insurance services and captive management operations, including some of its Bermuda holdings, to operations management, consultancy and digital solutions provider Davies Group. 15 January 2018
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Argo Group has renewed Harambee Re as its’s sidecar reinsurer for 2018. 15 January 2018
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RenaissanceRe Holdings has teamed up with Reinsurance Group of America, to create new global reinsurer Langhorne Re, a global reinsurer. 12 January 2018
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