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Third Point Re sees profits dip in 2020 but bullish on prospects following Sirius merger

Third Point Re saw its profits slip a little in 2020, as the business prepares for its merger with Sirius Group. 24 February 2021

News

Bermuda capacity increase not material at industry level: AM Best

While Bermuda and London saw significant capital inflows in 2020, new capacity has not materially impacted overall industry capacity, according to AM Best. 24 February 2021

News

BDA to host cyber webinar in partnership with NetDiligence

The Bermuda Business Development Agency (BDA) will host a virtual panel discussion to discuss the growth of cyber crime and the resulting demand for cyber insurance. 24 February 2021

ILS

Twelve Capital’s cat bond UCITS fund reaches $1bn in assets

Twelve Capital’s cat bond UCITS fund now has more than $1 billion in assets under management. 24 February 2021

News

Chubb courts digitally savvy customers with BLINK product range

Chubb has launched BLINK, a new brand focused on delivering convenient insurance products for digitally savvy consumers. 23 February 2021

News

Soames joins Conduit Re’s ESG arm

Nicholas Soames, the British former member of parliament who served as Minister for the Armed Services, has joined the newly established Conduit Foundation, which will engage in social and environmental projects on behalf of Conduit Re. 23 February 2021

Life

AXIS strengthens its environmental liability team

AXIS Insurance has hired Jennifer Miller as a senior underwriter in its environmental liability team. 22 February 2021

ILS

Pereira joins SRS to support ILS expansion

Anna Pereira has been appointed to the newly created position of senior vice president of insurance linked securities (ILS) at Strategic Risk Solutions. 22 February 2021

Life

Malloy to lead global distribution and runoff at SiriusPoint

Dan Malloy has been named as president of global distribution and head of runoff at SiriusPoint, following the anticipated merger between Third Point Reinsurance and Sirius International Insurance Group. 22 February 2021

News

Compre completes its second Lloyd’s transaction

Compre, the international specialist legacy group with operations in Bermuda, has completed its second Lloyd’s transaction, the reinsurance to close (RITC) of Syndicate 3330’s 2018 year of account into its recently established Lloyd’s Syndicate 1994. 22 February 2021

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