News
ILS
Significant price weakness in the secondary cat bond market saw the ILS Diversified cat bond portfolio deliver negative returns in May, pulling overall fund performance into negative territory. 28 June 2019
News
The PwC Insurance Summit will take place in Bermuda on November 7, 2019. 28 June 2019
News
Monument Re has completed ITS acquisition of Nordben Life and Pension Insurance from BenCo Insurance Holding. 27 June 2019
Life
Richard Watson is to step down from his role as chief underwriting officer at Hiscox. 27 June 2019
News
The National Association of Insurance Commissioners (NAIC) has revised the Credit for Reinsurance Model Law and Credit for Reinsurance Model Regulation, bringing them into line with arrangements in place for the European Union and United Kingdom. 27 June 2019
News
Catastrophe risk modeling firm AIR Worldwide (AIR) has made a number of changes to its risk models. 26 June 2019
News
American Overseas Reinsurance Company (AORC), the operating subsidiary of American Overseas Group (AOG), has entered a commutation, reassumption and release agreement with Assured Guaranty Municipal Corporation (AGM). 26 June 2019
News
Brit, the specialty re/insurer, has partnered with industry consortium Geospatial Intelligence Center (GIC), a National Insurance Crime Bureau (NICB) initiative, to obtain access to aerial imagery that it says will help it deliver quicker and more accurate resolution to clients. 26 June 2019
News
The Bermuda House of Assembly has passed the Economic Substance Amendment Act 2019 (ESAA), exempting entities that are tax resident in a qualifying jurisdiction from the substance requirements of the Economic Substance Act 2018. 25 June 2019
Life
Ed, the global reinsurance, wholesale and specialty broker, has received regulatory approval from the Bermuda Monetary Authority for its new operation on the island. 25 June 2019
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