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Representatives from the Bermuda Monetary Authority (BMA) and ten major reinsurers took part in a recent brainstorming session, held at Bermuda Business Development Agency (BDA), led by global blockchain technology consortium, R3. 16 September 2016
News
Currently only three European countries, including Bermuda, are classed as Solvency II (S2) equivalent, while negotiations between the European Union (EU) and US are in progress, according to Aon Benfield’s latest Reinsurance Market Outlook report. 15 September 2016
News
Paul Markey, the retired chairman of Aon's Bermuda based insurance and reinsurance broking operation, has joined the board of a new reinsurer that has launched in the Cayman Islands. 15 September 2016
News
Bermuda’s strengths as a globally respected place to do business have been highlighted by the ongoing uncertainty over the Brexit vote, according to Greg Wojciechowski, president and chief executive officer of the Bermuda Stock Exchange (BSX). 14 September 2016
News
The chief executive of Ed, the newly rebranded broker formerly known as Cooper Gay, has revealed plans to launch in Bermuda by the end of the year. 14 September 2016
News
ALARYS 2016, a biennial conference for risk managers from countries throughout Latin America, has chosen an organised crime expert as its keynote speaker. 13 September 2016
ILS
Bermuda-based Hiscox is set rebrand its insurance-linked securities team and move into collateralised reinsurance in January next year. 13 September 2016
News
The idea that tiers are emerging in the reinsurance industry is valid, but not in the way some expect. The industry’s new class of tier 1 players are nimble, innovative, savvy in their use of technology, cutting-edge in their risk selection and have their costs and expenses under control, Kathleen Reardon, chief executive of Hamilton Re, told Monte Carlo Today. 12 September 2016
News
Bermuda-based re/insurer PartnerRe has issued €750 million of ten-year fixed rate notes, through its subsidiary PartnerRe Ireland Finance. 11 September 2016
ILS
As the hurricane season hits full swing, the ILS market needs to be prepared for the consequences, says Bill Dubinsky, managing director, head of insurance-linked securities at Willis Capital Markets & Advisory. 10 September 2016
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