News

News

RMS issues Mexico earthquake estimate

Catastrophe modelling company RMS has announced that it expects insured losses from the Puebla earthquake in Mexico on September 19, 2017 will not exceed $1.2 billion.   25 September 2017

News

Bermuda Premier encouraged by NY visit

Bermuda’s Premier David Burt has met with senior business executives in New York City during a two-day visit arranged by the Bermuda Business Development Agency (BDA).   25 September 2017

Re/insurance

Lessons in risk that last a lifetime

Don Kramer officially retired a long time ago. Comfortable in his own skin, reflecting on the failures that taught him everything about success, industry legend Kramer discusses with Bermuda:Re+ILS his appetite for volatility in his latest venture and why the industry must embrace young talent.   25 September 2017

News

PartnerRe teams up with RemitRadar for fintech agreement

PartnerRe has teamed up with financial technology company RemitRadar in a bid to utilise its technologies to access insurance clients.   22 September 2017

News

White Mountains announces results of tender offer

White Mountains Insurance Group has announced the final results of its modified Dutch auction tender offer, which expired at 12:00 midnight, New York City time, at the end of September 14, 2017.   22 September 2017

News

Hiscox appoints director of group finance

Hiscox has appointed Tom Shewry to the role of director of group finance.   20 September 2017

News

Arch promotes Papadopoulo to chairman/CEO role

Arch Capital Group has announced that as of October 1, 2017, Nicolas Papadopoulo will become chairman and CEO of Arch Worldwide Insurance Group and chief underwriting officer for property & casualty operations.   20 September 2017

News

Brexit prompts XL Group to relocate XL Insurance to Dublin

XL Group has announced that it is planning to move its principal European Union insurance company, XL Insurance Company SE from the UK to Ireland in 2018 in response to Brexit, subject to certain regulatory approvals.   20 September 2017

News

Hiscox could face $150 million Harvey bill

Hiscox has announced that it could be facing up to $150 million in net claims in the wake of Hurricane Harvey, which struck South-Eastern Texas at the end of August this year.   19 September 2017

News

Monument Re buys Benelux Life Run-off

Bermuda-based Monument Re has announced that it has acquired full ownership over Benelux Life Run-Off SCS, including its acquisition of ABN AMRO Life Capital Belgium, the Belgian life insurance subsidiary of ABN AMRO.   19 September 2017

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