News
News
In a move of interest to many re/insurers on Bermuda, Fitch Ratings has indicated that the landscape for US property and casualty (P&C) insurers has improved by revising the sector’s outlook to stable from negative. 4 December 2018
News
The Bermuda insurance sector’s resilience to potential catastrophe events further strengthened in 2017 as the market’s exposure to cat losses dropped and the industry’s capital and surplus increased, according to a new report by the Bermuda Monetary Authority (BMA). 4 December 2018
News
As consolidation continues to reshape the landscape for re/insurers, Alan Bossin of Appleby Bermuda gives Bermuda:Re+ILS his take on what is driving this activity, where pricing is, what the risks are and how a jewel can be found in even the most ostensibly weak target. 4 December 2018
News
Argo Group’s Lloyd’s insurer ArgoGlobal has appointed Paul Lucas as chief actuary, international. 3 December 2018
ILS
The level of insurers’ reliance on reinsurance for perils increased in 2017 compared with 2016, according to the Bermuda Monetary Authority (BMA). 3 December 2018
News
Thirty-six percent of reinsurer respondents to an AM Best survey view their current innovation strategies as a key component of overall objectives, and more than half prefer to work with others. Sridhar Manyem and Victoria Ohorodnyk of AM Best discuss these findings and others. 3 December 2018
ILS
The ILS markets will continue to evolve and flourish with Bermuda front and centre of future development. That was the overall takeaway of the ILS Convergence 2018, held in Bermuda in early October. 1 December 2018
News
The Bermuda subsidiaries of Sirius have received a boost with rating agency AM Best affirming their financial strength ratings and removing them from under review with negative implications following the listing of parent Sirius International Insurance Group (SIIG) on the Nasdaq stock exchange. 30 November 2018
ILS
The volume of ILS deals issued in the second quarter of 2018 declined by 26 percent compared with the same period a year earlier driven by a smaller average deal size and a strong first quarter to the year, according to the latest Bermuda Insurance-Linked Securities (ILS) Market Report. 30 November 2018
News
David Brown of EY gives his thoughts to Bermuda:Re+ILS on the latest state of mergers and acquisitions activity in the market. 30 November 2018
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