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News
Brian Duperreault, chief executive officer of Bermuda-based Hamilton Insurance Group, has voiced his support for Insurance Careers Month, an industry-wide collaborative initiative, officially launched this week in the US, Bermuda and the UK. 2 February 2016
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Bermuda’s regulators and re/insurers were probably relieved when the country secured Solvency II equivalence from the European Commission in November last year. Bermuda:Re+ILS explores its importance to the Island as a risk transfer hub. 2 February 2016
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The Bermuda Monetary Authority (BMA) has advised the public that it has located what appears to be a clone firm called Kuva. 1 February 2016
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The rising threat of cyber risk to global corporations and ways to mitigate dangers such as data breaches via a Bermuda captive insurance company are the focus of an upcoming webinar hosted by the Bermuda Business Development Agency (BDA). 1 February 2016
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Bermuda-based Validus Holdings, which has subsidiaries including Validus Re, AlphaCat, Talbot and Western World, enjoyed solid growth in 2015 but its profits fell sharply. 29 January 2016
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Bermuda-based Arch Capital Group has named Jerome Halgan as the new president and chief executive officer (CEO) of Arch Reinsurance Company. 29 January 2016
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ArgoGlobal, the Lloyd’s insurer and member of Bermuda-based Argo Group, has named Matthew Foote as head of exposure management. 28 January 2016
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Bermuda re/insurer Everest Re has named Bill Thygeson as chief administration officer of Everest Insurance. 28 January 2016
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A global authority on captives and, specifically, protected cell companies (PCC), has unearthed a previously relatively unknown court ruling that might help add to the industry’s understanding of how PCCs operate and their status in the courts. 27 January 2016
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Consolidation in the Bermuda insurance market will continue in 2016, albeit at a slightly slower pace than 2015, according to a new Fitch Ratings report. 27 January 2016
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