News

News

Endurance calls for Aspen to put ‘entrenched interests aside’

Endurance has sent a new letter to Aspen shareholders calling for them to back its proposal to acquire Aspen, arguing that Aspen has consistently underperformed and that the acquisition makes strong strategic sense.   10 July 2014

News

BTG Pactual looks to purchase Ariel Re from Global Atlantic

BTG Pactual and Global Atlantic have announced the signing of an agreement whereby BTG Pactual will acquire Ariel Re, Global Atlantic’s Bermuda-based property and casualty reinsurance company.   10 July 2014

News

Offshore network cloud

Logic outlines the cloud and business continuity capabilities that the company and its partners are extending to businesses on-Island as they look to provide the full suite of solutions to global re/insurers.   10 July 2014

News

Containing the cost of healthcare

Health insurers are facing criticism as premiums rise, but consumers need to recognise that the dynamics of the Bermuda and global healthcare environment are the major driver behind rising healthcare costs, says Naz Farrow.   10 July 2014

News

With a renewed focus

Ross Webber, the new CEO of the Bermuda Business Development Agency, gives his thoughts on the positive steps the agency is taking to attract business to Bermuda’s shores.   10 July 2014

News

Endurance welcomes global agriculture team

Endurance Specialty has announced it will draft in a team of executives from other companies to build a global agriculture reinsurance unit.   9 July 2014

ILS

Eight first time sponsors enter ILS space in 2014

Eight first time sponsors entered the cat bond market this year, as the sector posted a first half year record for issuance, topping $5.7 billion in total capital.   9 July 2014

News

Nimble and opportunistic

Marc Grandisson, chairman and CEO of Arch Worldwide Reinsurance and Mortgage Group spoke with Bermuda:Re about Watford Re, the company’s work with Fannie Mae and Freddie Mac and Arch Capital Group’s strategies when it comes to the deployment of capital.   9 July 2014

News

Property cat: toughing it out

US property cat reinsurers are facing unprecedented conditions. Here, we explore the challenges and address how underwriters can differentiate their offering in a difficult cycle.   9 July 2014

News

MENA: lands of opportunity

For Bermudan re/insurers, the Middle Eastern market poses significant challenges and vast prospects. Despite remaining one of the world’s least developed markets, considerable growth there has been extensively implied, so Bermuda players are eager to maximise their gains in the region.   9 July 2014

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