News
ILS
Fomenting a reinsurance revolution isn’t easy. Everyone wants change, but what that means is as varied as the people calling for it. So, when there’s a sign of consensus, immediate action is always best, writes Tom Johansmeyer of PCS, Verisk Insurance Solutions. 9 March 2018
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PartnerRe is transferring its upstream energy insurance portfolio to Ark Syndicate Management (ASML) as it exits that line of business to concentrate on others. 9 March 2018
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A delegation organised by the Bermuda Business Development Agency (BDA) has been attending a leading innovation conference in the US. 9 March 2018
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Canopius has revealed the completion of its acquisition by a private equity consortium led by Centerbridge Partners, which includes private investment firm Gallatin Point Capital. 9 March 2018
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Ironshore is to expand its partnership between Iron-Starr Excess Agency with Oil Casualty Insurance (OCIL) to underwrite property lines. 8 March 2018
News
Bermuda-based Sompo International, a specialty provider of property and casualty insurance and reinsurance, has appointed Victor Sordillo, senior vice president, loss control as loss control leader for all of Sompo International Insurance. 8 March 2018
News
Craig Fowler has been appointed chief executive officer of Langhorne Reinsurance (Bermuda), the Bermuda underwriting platform of Langhorne Holdings. 8 March 2018
News
The proposal by the Government of Bermuda to relax the rules surrounding ownership of Bermudian companies might well lead to an increase the amount of investment in Bermuda, according to an exclusive new survey by Bermuda:Re+ILS. 7 March 2018
News
Rating agency AM Best has placed under review with developing implications the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit ratings (long-term ICR) of “a+” of the property/casualty subsidiaries of XL Group. 7 March 2018
News
Canopius, which has a major presence on Bermuda, has appointed Mike Duffy to the position of chief executive of Canopius Managing Agents, effective immediately. He retains his existing role as group chief underwriting officer. 7 March 2018
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