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The rising tide of regulation continues to lap relentlessly at the shores of the world’s offshore finance centres. While some domiciles struggle to keep their heads above water, Bermuda is meeting the challenge head-on and swimming with the tide, Brad Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers, tells Bermuda:Re+ILS. 12 January 2016
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Working with a Japanese parent means there is a great emphasis placed on trust, and Sompo has put its trust in industry veteran Canopius’s Michael Watson to deliver in the global reinsurance markets, as Bermuda:Re+ILS discovers. 12 January 2016
ILS
Don Kramer is a legend in traditional reinsurance thanks to the multiple ventures he has founded and built over the years. Now, energised rather than perturbed by change, he is doing it all again—this time in the rapidly growing ILS space, as he explains to Bermuda:Re+ILS. 12 January 2016
News
The global reinsurance market remains challenging, according to a new report from rating firm AM Best. 12 January 2016
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ArgoGlobal, the Lloyd’s insurer and member of Bermuda-based Argo Group, has appointed Stewart Muirhead as casualty wordings manager. 12 January 2016
News
Solvency II metrics will not be a direct driver of ratings, according to Fitch Ratings. 11 January 2016
News
Everest Re Group, the Bermuda-based holding company, has appointed Paul Kneafsey as active underwriter of its Lloyd’s Syndicate 2786. 11 January 2016
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Broker Lockton has selected the EigenRisk platform to help it address the risk management and insurance needs of clients with significant exposures to natural catastrophes. 8 January 2016
News
Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has appointed Adrian Daws as deputy active underwriter and head of specialty. 8 January 2016
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Specialist insurer Markel International has appointed Nicola Marriage as senior underwriter within its trade credit division. 7 January 2016
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