News
Re/insurance
Rather than taking advantage of a potential market shift following Harvey and Irma, it’s more important that we think about the transformational steps we can take to expand the ILS market, says Tom Johansmeyer of Verisk Insurance Solutions. 30 November 2017
ILS
In light of stiff competition—from new entrants such as London as well as the more established players—Bermuda has worked hard to maintain its position as the stock exchange of choice for ILS. Greg Wojciechowski of the Bermuda Stock Exchange explains how Bermuda’s support of the asset class is continuing to evolve. 30 November 2017
News
RenaissanceRe Holdings has sponsored a forum that brought together around 100 leading insurance industry experts, policy makers, scientists and environmentalists at Lloyd’s of London to discuss strategies for improving natural catastrophe resiliency and closing the protection coverage gap. 30 November 2017
News
Sompo Holdings, which owns Bermuda-based Sompo International Holdings, has said it is planning to enter the cyber security business at the start of 2018. 30 November 2017
News
The insurance industry has been a key driver in the synergy that links Bermuda to London, according to Ross Webber, CEO of Bermuda’s Business Development Agency (BDA). 29 November 2017
News
A new report by the Bermuda Monetary Authority (BMA) claims that Bermuda re/insurers remained profitable and well capitalised in 2016, despite soft pricing, an abundance of capital and competition from the insurance linked securities market. 29 November 2017
News
Bermuda is a leading jurisdiction for insurance business and leads the way in providing a global example of transparency and compliance, according to Premier David Burt. 28 November 2017
News
Sirius International Insurance Group (SIIG) has decided to exercise its call option to acquire all of Delek Group’s remaining 47.35 percent stakes in Phoenix Holdings, a leading insurance group in Israel that writes life and non-life business. 28 November 2017
Re/insurance
AM Best expects to see more of Fannie and Freddie’s mortgage risks finding their way to the reinsurance market, says Emmanuel Modu, managing director at AM Best. 27 November 2017
Life
The understanding and ownership of scientific content will become a focal point of future catastrophe modelling, says Lixin Zeng, chief executive officer of Validus AlphaCat. 27 November 2017
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