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The 2016 Bermuda International Life and Annuity Conference (BILAC) will be hosted by Bermuda International Long Term Insurers and Reinsurers (BILTIR) and will be held in The Fairmont Southampton, Bermuda.   19 September 2016
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American International Group (AIG) has said that despite its sale of Ascot Underwriting Holdings (AUH) it will maintain its strategic partnership with AUH subsidiary Ascot Underwriting Bermuda (AUB).   19 September 2016
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XL Catlin has agreed to acquire Australian firms Brooklyn Underwriting and Brooklyn IT (Brooklyn) from their owner Paul Hines. The acquisition will be made by an indirect wholly-owned subsidiary of Bermuda-based XL Group.   16 September 2016
News
Representatives from the Bermuda Monetary Authority (BMA) and ten major reinsurers took part in a recent brainstorming session, held at Bermuda Business Development Agency (BDA), led by global blockchain technology consortium, R3.   16 September 2016
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Currently only three European countries, including Bermuda, are classed as Solvency II (S2) equivalent, while negotiations between the European Union (EU) and US are in progress, according to Aon Benfield’s latest Reinsurance Market Outlook report.   15 September 2016
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Paul Markey, the retired chairman of Aon's Bermuda based insurance and reinsurance broking operation, has joined the board of a new reinsurer that has launched in the Cayman Islands.   15 September 2016
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Bermuda’s strengths as a globally respected place to do business have been highlighted by the ongoing uncertainty over the Brexit vote, according to Greg Wojciechowski, president and chief executive officer of the Bermuda Stock Exchange (BSX).   14 September 2016
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The chief executive of Ed, the newly rebranded broker formerly known as Cooper Gay, has revealed plans to launch in Bermuda by the end of the year.   14 September 2016
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ALARYS 2016, a biennial conference for risk managers from countries throughout Latin America, has chosen an organised crime expert as its keynote speaker.   13 September 2016
ILS
Bermuda-based Hiscox is set rebrand its insurance-linked securities team and move into collateralised reinsurance in January next year.   13 September 2016

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