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Bermuda-based Hamilton Re has promoted Peter Skerlj to chief risk officer as the company continues to build an impressive team.   25 March 2014
M&A market waiting for next large-cap deal
News
Deutsche Bank has indicated that the outlook for insurance industry M&A is positive, with all eyes on potential big-cap deals, even if mid-market transactions are likely to predominate.   24 March 2014
Wilton Re to be acquired by Canada Pension
News
Bermuda-based Wilton Re is to be acquired by Canada Pension Plan Investment Board (CPPIB) for $1.8 billion, as the Canadian fund manager looks to develop its presence in the insurance space.   24 March 2014
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Following the success achieved by Arch at the end of last year in unlocking mortgage insurance risk from state-backed Freddie Mac, the Federal Housing Finance Agency has signalled its intent to seek further private market solutions.   21 March 2014
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Bermuda-based ACE has reshuffled the management of its Asia Pacific financial lines business.   21 March 2014
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A recent report by Guy Carpenter has found that while the global re/insurance industry is strengthening its disclosure of ERM practice and methodology, Bermuda continues to lag behind Europe in terms of transparency.   20 March 2014
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Bermuda-based Endurance has launched a new data breach product, Breach Assist, which will provide insureds with coverage for legal costs, forensic analysis and customer interaction following a data breach.   19 March 2014
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Hong Kong’s Legislative Council has passed an Inland Revenue Amendment that will provide a 50 percent tax concession on the profits of captive insurers.   19 March 2014
ILS
Beta-seeking fixed income managers and mutual funds are driving pricing dynamics at the margins within the cat bond market, despite the deepening role of pension funds within the ILS space.   18 March 2014
News
Despite indications that TRIPRA will be renewed, a recent report by S&P has raised suggestions that it may yet expire and that US insurers should at the very least expect it to change form at the next renewal.   18 March 2014

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