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Lancashire Holdings, a specialty insurer based in Bermuda, has appointed Matthew Narbett to join Cathedral Underwriting to underwrite property business for Syndicate 2010. 27 June 2016
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Insurance intermediary Freisenbruch-Meyer Insurance Services (FMIS), based in Bermuda, has introduced ‘Security & Privacy’, a cyber liability protection product to its offering. 27 June 2016
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The CEO of the Bermuda Business Development Agency (BDA), Ross Webber, has said that that while Bermuda will be affected by the UK’s decision to leave the EU, it remains well placed to work with business partners from both jurisdictions in the future. 24 June 2016
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The Association of Bermuda Insurers and Reinsurers (ABIR) has stressed that the island will continue to benefit from Solvency II equivalence despite the UK’s voted to exit from the EU. 24 June 2016
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John Lumelleau, the president and chief executive officer (CEO) of Lockton, has unveiled plans to retire next year. 24 June 2016
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XL Group’s shareholders have backed the proposal to redomesticate XL’s ultimate parent holding company to Bermuda. 24 June 2016
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Neon, the specialist Lloyd’s insurer that recently unveiled the opening of an office on Bermuda, has appointed Mireille Dolonen as marine and offshore construction underwriter. 23 June 2016
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Fosun International has filed an application with the Hong Kong Stock Exchange to float Bermuda-based insurer Ironshore on the New York Stock Exchange. 23 June 2016
ILS
Reinsurers that have established a strong foundation of proven, effective underwriting and reserving principles, especially those with diversified portfolios, will have the best chance to remain relevant and profitable in the current market. 22 June 2016
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Blue Capital Management, a subsidiary of Bermuda-based Endurance, has reported strong portfolio execution following the June 2016 renewal period. 22 June 2016
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