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Citadel Risk hires the former COO of R&Q

Bermuda-based niche reinsurer Citadel Risk has appointed David Taylor as business development consultant. 18 October 2015

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Endurance reorganises following CUO’s departure

Bermuda-based Endurance has reshuffled its team following the departure of Peter Mills, its chief underwriting officer (CUO). 16 October 2015

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Axis Specialty exec joins XL Catlin

A former Axis Specialty (US) Services senior vice president has joined XL Catlin’s insurance operation. 16 October 2015

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XL Catlin Bermuda launches new D&O policy amid M&A environment

XL Catlin’s professional lines insurance operations in Bermuda have launched a directors & officers (D&O) policy. 15 October 2015

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MUFG Fund Services appoints COO

MUFG Fund Services, part of Bermuda-based MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Tim Thornton as chief operating officer (COO). 15 October 2015

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Hamilton USA search for CEO after resignation

Conan Ward, the chief executive officer (CEO) of Hamilton USA, part of the Bermuda-based Hamilton Insurance Group, has resigned from his position, effective as of yesterday (13 October). 14 October 2015

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PartnerRe Tianjin losses estimated between $50-70m

Bermuda-based reinsurer PartnerRe has estimated it lost $50-70 million in pre-tax and net of retrocession and reinstatement premiums from the explosion in Tianjin, China in August this year. 14 October 2015

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The next level for ILS

If the insurance-linked securities markets are to continue to develop, innovation and a shift into new asset classes is a must. A new initiative called Vario Global Capital could represent the next logical step in the market’s evolution, revolutionising and growing it beyond all expectations. Bermuda:Re+ILS reports. 13 October 2015

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Bouncing off the bottom

One of the great unknowns of the insurance-linked securities sector is beginning to emerge: how low will investors go when it comes to pricing? Bermuda:Re+ILS explores industry sentiment that a floor of sorts has now been reached. 13 October 2015

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Bermuda insurers should be goodwill ambassadors: BDA

Bermuda insurers should act as goodwill ambassadors to help promote the region internationally as a respected blue-chip jurisdiction, according to Ross Webber, chief executive officer (CEO) of the Bermuda Business Development Agency (BDA). 13 October 2015

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