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Arch Capital Group (ACGL) has finalised the acquisition of United Guaranty Corporation (UGC) from American International Group (AIG). 4 January 2017
ILS
Buyers managed to improve terms and pricing in the year-end renewals, with pricing stabilisation remaining a major challenge for re/insurers, according to the latest 1st View Renewals Report from Willis Re. 3 January 2017
News
Bermuda legacy specialist Enstar has gone outside the world of insurance for the first time after buying Dana Companies, a subsidiary of an auto parts manufacturer. 3 January 2017
News
Specialist insurer Markel International has appointed former XL Catlin underwriter Ryan Godfrey as senior underwriter and head of the cargo team within its marine, energy and property division. 3 January 2017
ILS
While 2016 will, in part, be remembered as the year that the industry looked to embrace technology and finally understood its transformative power for the risk transfer industry, 2017 could be the real game-changer as companies put words into action. 23 December 2016
News
The year 2016 may well be remembered for the depressed returns posted by many re/insurers as they continued to grapple with low investment returns and the soft market—and 2017 could bring more of the same if there is no change in the market. 23 December 2016
News
Securing equivalence with Solvency II represented a major achievement for Bermuda in 2016 and one the year will be remembered for as the Island will now continue to reap the rewards of this in 2017 and the future. 23 December 2016
News
The chief executive of Fairfax Financial has moved to reassure staff at Allied World Assurance Company, which Fairfax is to acquire for $4.9 billion, that the unit will continue to be run in its own right meaning there will be no immediate implications for staff. 23 December 2016
ILS
The notes relating to the €225 million innovative insurance-linked security issued by Italian insurer Assicurazioni Generali have been listed on the Bermuda Stock Exchange (BSX). 23 December 2016
News
A new special purpose vehicle has been registered on the Bermuda Stock Exchange (BSX) ready to issue a $200 million tranche of notes – but the sponsor has not yet been revealed. 23 December 2016
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