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The Association of Bermuda Insurers and Reinsurers (ABIR), has welcomed the UK government’s plans to develop an insurance-linked securities (ILS) regime in the UK. 19 March 2015
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Technology and services provider Xchanging has signed up its first client to its global reinsurance placing platform. 19 March 2015
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Scheme of arrangement tactics could become more commonplace as the somewhat messy attempted aggressive takeover of Aspen by Endurance again highlighted the way in which these tactics can potentially be used to force through such a deal. 18 March 2015
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PartnerRe initially considered acquiring a primary insurer before it setting its sights on Axis Capital, the company has revealed in a recent filing. 17 March 2015
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Ten insurers have registered in Bermuda since the beginning of 2015, according to figures from the Bermuda Monetary Authority. 17 March 2015
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Rating agency Standard & Poor’s (S&P) has bolstered the proposed merger of Bermudian Axis Capital and PartnerRe following the companies removal from credit watch negative. 16 March 2015
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Rating agency Fitch has warned that it is likely to view mergers and acquisitions (M&A) driven solely by the desire to achieve greater scale and diversity negatively. 13 March 2015
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Life reinsurer Beachwood Re has launched a Bermuda-based affiliate, Beachwood Bermuda International. 13 March 2015
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ACE Bermuda International has launched an additional directors and officers (D&O) liability insurance capability for multinational companies based outside of North America. 12 March 2015
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The reinsurance fund managed by Montpelier Re subsidiary Blue Capital Management has posted a strong return for 2014. 12 March 2015
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