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Success in diversifying into the casualty arena will come to those who can leverage existing relationships, demonstrate expertise and prove that they are in for the long haul, as Bermuda:Re+ILS finds out. 20 October 2014
Re/insurance
Australia and New Zealand are an attractive prospect for many Bermudan reinsurers seeking diversification—and despite the large losses of 2010 and 2011 they have remained committed to the region. Bermuda:Re+ILS finds out why. 20 October 2014
Re/insurance
As competition and regulatory pressures change the industry, the financial officers of reinsurers have an increasingly important role to fulfil, as Derrick Irby, executive vice president & CFO of XL Group’s Reinsurance Operations, explains to Bermuda:Re+ILS. 20 October 2014
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Hamilton Re, the Bermuda-based property casualty reinsurer of Hamilton Insurance Group, has announced that Susan Steinhoff will join the company next month as senior vice president, property. 20 October 2014
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Ironshore International has entered into the agriculture market sector, with the appointment of Catherine Besselman as divisional director, global head of agriculture. 20 October 2014
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According to catastrophe modelling firm AIR Worldwide, as of 11AM Atlantic Standard Time on Thursday, October 16, 2014 Hurricane Gonzalo’s eye was located about 485 miles (780 km) SSW of Bermuda. 17 October 2014
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Bermuda-based reinsurance provider Till Capital has acquired Omega Insurance, a Canada based insurance provider. 17 October 2014
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Bermuda-based Ironshore International has enhanced its insurance coverage for kidnap & ransom risks to protect corporate entities, as well as private family exposure to unexpected events. 17 October 2014
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President of the Association of Bermuda Insurers and Reinsurers (ABIR), Brad Kading, has cited international insurance regulatory standards and various protectionist measures as posing a risk to global business. 17 October 2014
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Platinum Underwriters faced a tough environment in the third quarter of 2014, as net income and premiums fell. 16 October 2014
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