News
News
Third Point Reinsurance has unveiled the pricing of its underwritten secondary public offering of an aggregate of 15 million of its common shares (representing approximately 14.0 percent of its issued and outstanding shares) by KIA TP Holdings, and KEP TP Holdings, to JP Morgan Securities, as sole underwriter. 15 November 2017
News
Sompo Canopius, which has an office on Bermuda, has launched a new drilling well sidetrack (DWST) product. 15 November 2017
Re/insurance
Mortgage reinsurance has risen from the ashes of the financial crisis and now offers the kind of returns property/casualty players can only dream of. Bermuda:Re+ILS takes a closer look at why this area is growing so fast. 14 November 2017
Re/insurance
It has deep roots but Maiden Re is embracing a changing industry by targeting innovation and insurtech while also maintaining close traditional ties with its clients, as its president Patrick Haveron tells Bermuda:Re+ILS. 14 November 2017
News
Everest Re Group has announced the creation of a private company/not-for-profit business segment (Private/NFP) within the Everest Specialty Underwriters unit of Everest Insurance. 14 November 2017
News
Sompo International has announced that it is expanding its presence in the global casualty market with the appointment of Alison Wood and Lorene Phillips to the firm’s global casualty reinsurance team in London. 14 November 2017
News
The Bermuda Business Development Agency (BDA) has issued a statement claiming that recent reporting about hacked data about investments that was obtained from global law firm Appleby (better known as the Paradise Papers) has highlighted the ‘substantial lack of media understanding’ of offshore investment structures and Bermuda's long-time reputation for tax transparency and cooperation with international authorities. 13 November 2017
News
The Board of Directors of RenaissanceRe Holdings (RenRe) has approved an increase in RenaissanceRe's latest share repurchase programme, bringing the total current authorisation to $500 million. 13 November 2017
News
Aon Benfield’s Global Catastrophe Recap report for October has claimed that the widespread wildfires that ravaged parts of California this autumn could become the costliest insured wildfire in history. 10 November 2017
News
Maiden Holdings has announced that it made a loss of $63.6 million in the third quarter of 2017, a substantial fall from the profit of $31.8 million that it made in the same period of 2016. 10 November 2017
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