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Bermuda-based White Mountains Insurance Group has appointed Peter Carlson to its board as a director. 4 March 2019
News
Mergers and acquisitions (M&A) in the Bermuda insurance sector is expected to slow down in 2019 following several years of significant deal activity - particularly in 2018 - and a pool that is getting smaller and smaller, according to report from law firm Clyde & Co. 4 March 2019
News
Arch Capital Group has made series of strategic leadership changes to its mortgage insurance business, and named recent Global Mortgage Group CEO Andrew Rippert as chief innovation and strategic investment officer. 4 March 2019
News
Assured Guaranty has announced that it made a profit of $88 million in the fourth quarter of 2018, an increase on the $52 million it made in the same quarter of 2017. 1 March 2019
News
The board of Markel CatCo has announced that it has “recommend an orderly run-off” of the firm's portfolios, a move that raises a question mark over the future of the company. 1 March 2019
ILS
With Insurance Australia Group (IAG) issuing the first catastrophe bond to be domiciled in Singapore under its new insurance-linked securities (ILS) regime, and Hong Kong working towards creating an ILS market, insurance-focused law firm Clyde & Co expects alternative capital to be a significant growth area across Asia. 28 February 2019
News
Against backdrop of poor investment performance and substantial catastrophe losses, the fourth quarter of 2018 proved challenging for Bermuda reinsurer Third Point Re, which posted a net loss for both the period and the full year. 28 February 2019
ILS
In a significant step for expansion of insurance-linked securities (ILS) in Asia-Pacific, the first ever catastrophe bond in Singapore has been issued, Orchard ILS Pte. 27 February 2019
News
CATCo Reinsurance Opportunities Fund non-executive director Alastair Barbour will retire from the board towards the end of 2019. 27 February 2019
ILS
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Bermuda:Re+ILS investigates. 26 February 2019
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