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Sompo International has announced that Sompo Global Risk Solutions (GRS) is to offer umbrella insurance tailored to US based accounts in the commercial real estate and hospitality industries via a new casualty insurance risk purchasing group developed by HUB International. 13 April 2018
News
Everest Re Group has announced that it has revised its losses from the 2017 wildfires in California upwards from its initial estimates. 12 April 2018
News
Bermuda Premier and Minister of Finance David Burt will lead a delegation of government, regulatory and industry leaders to the upcoming Risk and Insurance Management Society (RIMS) annual conference and exhibition in San Antonio, Texas. 12 April 2018
News
AM Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the long-term issuer credit rating to “a” from “a-” of Bermuda-based Nissan Global Reinsurance. The outlook of these ratings remains stable. 12 April 2018
ILS
Cybersecurity is a generational exposure, according to Rick Welsh, CEO of Sciemus, but Bermuda has a chance to lead in dealing with it—and ILS could have a part to play. 12 April 2018
News
The low rate environment on the investment and the premium side has driven consolidation, but it is rare for a major transaction to occur serendipitously. The majority are the result of a vision and strategy by company leadership focused on creating value for its stakeholders, write David Brown and Steven Napier of EY. 11 April 2018
News
Argo Group International Holdings has released its digital 2017 Annual Report, which highlights Argo’s diverse product portfolio, strong investment results and growth in gross written premium. 11 April 2018
News
Bermuda-based Randall & Quilter Investment Holdings (R&Q) has announced that its subsidiary Accredited Surety & Casualty Company (Accredited) has closed another program underwriting partnership in 2018. 11 April 2018
ILS
2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks. Bermuda:Re+ILS reports. 11 April 2018
News
It’s almost time for the introduction of the GDPR, and its effects will be felt not just in Europe say Kerr Kennedy and Kateryna Gorbunova of EY Bermuda. 10 April 2018
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