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Dominic Addesso, president and CEO of Everest Re, has hailed the company’s second quarter results as being excellent, as the company continues to look for growth. 25 July 2017
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Sirius Group has appointed former QBE Re Bermuda executive Erik Soria as vice president, casualty. 25 July 2017
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Liberty Mutual subsidiary Ironshore has announced that Krishnan Ethirajan has been given the additional role as chief operating officer of Ironshore International. 25 July 2017
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The Bermuda Business Development Agency (BDA) has welcomed Progressive Labour Party Premier David Burt and his Cabinet following the official swearing-in ceremony at Government House. 24 July 2017
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Bermudian corporate lawyer Michael Burns has been selected as the winner of the second Fred Reiss Lifetime Achievement Award, to be presented at this autumn’s Bermuda Captive Conference on September 10–13. 24 July 2017
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A new report from Impact Forecasting, Aon Benfield's catastrophe model development team claims that although losses for the first have of the year have been lower than average, they have still posed challenges for the insurance market. 21 July 2017
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AM Best has affirmed the financial strength rating of A- (Excellent) of Fidelis Insurance Bermuda and Fidelis Underwriting. AM Best also has affirmed the long-term issue credit rating of “bbb-” of Bermuda-based Fidelis Insurance Holdings, the ultimate holding company. The outlook of these ratings is stable. 21 July 2017
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The Progressive Labour Party (PLP) has returned to government in Bermuda, after it won a convincing victory in the Island’s General Election, displacing the incumbent One Bermuda Alliance (OBA) party. 19 July 2017
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Bermuda-based XL Catlin’s North America Construction business has reached what the company described as a significant milestone reaching $2 billion in gross written insurance premium in the seventh year of operation. 19 July 2017
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Losses from a major cyber-attack could soon rival the damage bill from a major hurricane, according to a new report, “Counting the cost: Cyber exposure decoded”, released by Lloyd’s of London and cyber risk analytics firm Cyence. 18 July 2017
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