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Fairfax increases offer for American Safety

American Safety Insurance Holdings has received a revised and increased offer from Fairfax Financial Holdings to purchase the company. 8 August 2013

News

Willis Re Bermuda appoints new CEO

Willis has appointed Michael Harden, the chairman of Willis Re Australia, as CEO of Willis Re Bermuda, effective January 1, 2014. He replaces James Kent who is now president of Willis Re North America. 6 August 2013

News

Third Point Re commences IPO

Third Point Re has begun its IPO on the New York Stock Exchange, with an initial common share price expected to be between $12:50 and $14:50. 5 August 2013

News

US healthcare changes mean opportunities for innovators

Allied World says the changing legislative landscape around healthcare in the US means big opportunities for insurers – but only those prepared to innovative and tailor bespoke solutions. 2 August 2013

Re/insurance

Allied World Bermuda launches liability coverage for ACOs

Allied World Bermuda has launched a new liability product aimed at Bermuda-centric Accountable Care Organisations. 31 July 2013

News

BMA registered 34 new insurers in first half of 2013

21 insurers were registered during the second quarter of 2013, building on the 13 insurers registered during the first quarter of the year, according to statistics from the Bermuda Monetary Authority. 31 July 2013

News

Renewable energy sector’s insurance appetite could triple by 2020

Demand for insurance within the renewable energy industry may rise to between $1.5 and $2.8 billion by the end of the decade, according to a new study by Bloomberg New Energy Finance. 25 July 2013

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Barker appointed chairman of Marsh

Jane Barker has been appointed chairman of Marsh from 1st August, succeeding Sir Peter Middleton. 24 July 2013

News

Cyber: in search of clarity

With Barbican having recently enlarged its cyber team, Bermuda:Re spoke with Geoff White, underwriting manager—cyber, technology and media at Barbican about the rising threats and opportunities associated with an increasingly interconnected world. 24 July 2013

News

Third Point IPO proves reinsurance health

The proposed initial public offering (IPO) filed by Third Point Reinsurance proves that investor interest in the reinsurance sector is alive and well – although the success and pricing of the eventual offering will indicate exactly how much this is the case. 18 July 2013

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