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Bermuda re/insurers are positioned to benefit from recovering market conditions in 2021, according to Fitch Ratings, with higher-than-expected catastrophe losses and coronavirus-driven claims driving premium rate increases. 21 January 2021
News
Bermuda will host The International Technology Summit on the week commencing February 1, 2021, bringing together innovators, regulators and executives from Bermuda, Canada, and other countries in a virtual environment as well as in-person workshops. 21 January 2021
Life
Everest Insurance has made three leadership appointments in its distribution, specialty casualty and Everest Specialty Underwriters (ESU) business units. 20 January 2021
News
AkinovA, the electronic insurance marketplace, has been granted the first Insurance Marketplace Provider licence to be provided by the Bermuda Monetary Authority (BMA). 20 January 2021
ILS
Integral ILS, the independent insurance linked securities (ILS) fund manager, has received a cornerstone investment from New Holland Capital (NHC), an alternative investment manager. 20 January 2021
News
AXA XL Insurance has appointed Jean-Marc Radureau as underwriting manager for construction in France. 20 January 2021
News
PartnerRe has launched a digital underwriting solution for life insurers called DUET Edge by PartnerRe. 20 January 2021
News
AXIS Insurance has hired Nicholas Boswell Brown and Claire Whelan as renewable energy underwriters within its renewable energy business. 20 January 2021
News
AXIS Capital Holdings expects its Q4 net claims to come in at between $195 million and $205 million, pre-tax, for catastrophes and weather-related events. 20 January 2021
News
Prosperity Life Assurance, the Bermuda-based reinsurer, has executed an annuity reinsurance transaction with National Western Life Insurance Company (NWLIC). 19 January 2021
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