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The protracted, public and often messy attempted aggressive takeover of Aspen by Endurance again highlighted the way in which a scheme of arrangement can potentially be used to force through such a deal. Bermuda:Re+ILS explores whether the use of this tactic could become more commonplace. 4 March 2015
News
Bermuda based run-off specialist Enstar has reported a major turnaround in year pro forma net earnings of $4.3 million, compared with a net loss of $74 million in 2013 for Torus, its active underwriting operation. 4 March 2015
News
Global Atlantic Financial Group’s primary reinsurance company, Commonwealth Re, and its affiliates, have broken the $25 billion mark in block transactions. 4 March 2015
News
The Bermuda Monetary Authority revealed its 2015 plans at an executive briefing held recently at the Fairmont Hamilton. 4 March 2015
News
Bermuda-based Enstar posted a strong set of results for 2014, despite losses stemming from the restructuring of its subsidiary Torus Insurance. 3 March 2015
News
Bermuda-based RenaissanceRe has completed its $1.9 billion acquisition of fellow Bermudian Platinum Underwriters. 3 March 2015
ILS
Bermuda-based Hiscox posted a solid set of results for 2014, although a profit reduction in its reinsurance division took its toll. 2 March 2015
News
Jardine Lloyd Thompson’s (JLT) Bermuda operation JLT Park has rebranded and reshuffled its senior management team. 2 March 2015
News
The relationship between Bermuda and Lloyd’s is thriving, with Lloyd’s reputation helping Bermudian carriers establish credibility. 27 February 2015
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