News

ILS

Catch a wave: defining the latest startups

A hard market is the traditional trigger for new capacity and new startups on Bermuda, but that’s where the comparison ends for the latest reinsurers to disembark at Hamilton.   4 April 2022

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Everest Re’s Mt. Logan unveils new CUO amid leadership reshuffle

The collateralized insurer has made three new appointments.   1 April 2022

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RenRe advances ESG strategy as CEO O’Donnell accepts new role

O’Donnell becomes chair of ClimateWise and creates three ESG roles.   1 April 2022

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Prudential sells $31bn of variable annuities to Fortitude Re

It has also formed a new entity - Fortitude Life Insurance & Annuity Company.   1 April 2022

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New CEO of AXIS Specialty Europe unveiled

Fintan Mullarkey will also join the company’s board of directors.   1 April 2022

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AM Best assigns A+ FSR to Wilton Re Overseas

The entity is being added as a member of the Wilton Re Group.   1 April 2022

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HSCM closes loan facility with White Mountains’ HG Global

HG expects to receive the proceeds of the loan on or prior to 31 May.   1 April 2022

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Fortitude Re closes $4bn transaction with Taiyo Life

This is Fortitude Re’s inaugural reinsurance deal in Asia.   1 April 2022

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777 Partners-backed Brickell to acquire R&Q for £482m

The acquisition will be undertaken by way of a merger under the Bermuda Companies Act.   1 April 2022

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Renewals: a Bermuda perspective

Rates have been hardening, but not across the board. Bermuda:Re+ILS explores the main themes of the renewals and what they mean for Bermuda.   1 April 2022

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