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Insurer Brit has been placed on negative watch by rating agency Fitch, following the announcement of the insurer’s sale to financial services company Fairfax for £1.22 billion. 19 February 2015
News
Bermuda-based Maiden posted a strong set of results for 2014, as its AmTrust reinsurance segment drove growth in its net written premiums. 19 February 2015
News
Bermuda is ready to take advantage of the opportunities created by captive owners intending to re-domicile from other centres. 18 February 2015
News
Bermuda-based Till Capital’s subsidiary Resource Re has entered into its first reinsurance policy. 18 February 2015
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The recent wave of merger and acquisition (M&A) activity in the reinsurance industry will not alleviate the burden of competitive conditions. 17 February 2015
News
Bermuda-based Renaissance Re has given shareholders of Platinum Underwriters until 5pm on February 26, 2015 to make decisions on the mix of shares and cash they wish to receive. 17 February 2015
ILS
The flood of alternative capital in the reinsurance market is likely to sustain the wave of merger and acquisitions, particularly in Bermuda. 16 February 2015
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RenaissanceRe has been given the green light by regulators to acquire fellow Bermudian Platinum Underwriters. 13 February 2015
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Chinese investment company Fosun International has completed its investment in Bermuda-based Ironshore. 13 February 2015
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Tokio Millennium Re, the reinsurance subsidiary of Tokio Marine, has posted solid results for the first nine months of 2014. 12 February 2015
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