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The cyber insurance market is growing steadily but is awaiting a real growth spurt, say AM Best’s Fred Eslami and Bobby Skrabal. 12 July 2018
News
Hiscox recently announced it had expanded into the ILW market with a new cyber product—the first to respond specifically to cyber losses. The company explains how it developed the new product and how innovation and ILWs may be natural bedfellows. 11 July 2018
News
A battle is emerging between ILS platforms and traditional reinsurers for the best talent, as a survey by IPS Search reveals. 11 July 2018
News
The Bermuda Foundation For Insurance Studies (BFIS) has announced that the latest two teams of students have left Bermuda for Atlanta and Chicago to experience the insurance markets there through the BFIS ‘Intro to Insurance Programme’. 11 July 2018
News
Liberty Specialty Markets, a subsidiary of Liberty Mutual Insurance, which has a major presence on Bermuda, has entered into a renewal rights agreement with Ironshore Europe to take on its European non-M&A business and staff. 11 July 2018
News
Ironshore Insurance Services has created an energy equipment facility offering property and inland marine insurance coverage targeted at on-shore middle market classes of business in the US. 10 July 2018
News
Monument Re has announced that it has acquired closed Dutch life insurer Robein Leven and its subsidiaries from Amerborgh Financial Services. 10 July 2018
News
The Bermuda Monetary Authority’s (BMA) chief enforcement officer Garrett Byrne has been appointed vice chair of the International Association of Insurance Supervisors’ (IAIS) Financial Crime Task Force (FCTF). 10 July 2018
ILS
Frontline Re has created a $350 million catastrophe bond using insurance-linked securities that were structured and placed by Swiss Re Capital Markets. 9 July 2018
ILS
Sponsors and investors showed continued interest in ILS last year, with record-breaking issuance and over $12 billion of new capital brought to market, and the Bermuda Stock Exchange reinforced its position as the ILS listing venue of choice, as BSX president and CEO, and chairman of ILS Bermuda, Greg Wojciechowski explains. 9 July 2018
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