A new industry group, ILS Bermuda, aims to draw together leading Bermuda participants in alternative space in order to engage with the global capital markets, promote job creation and lead economic growth. 7 March 2013
Conning warns that the ILS and reinsurance markets may face a clash of cultures as the two converge, while the ongoing success of ILS could yet serve to dent pricing in the space. 6 March 2013
Alice Young, a partner at international law firm, Kaye Scholer and chairperson of the firm’s Asia Pacific practice, has joined the AXIS Capital board of directors. 5 March 2013
Rating agency, Fitch upgraded Validus Re’s insurer financial strength rating from “A-” to “A”. Validus Holdings also received an upgrade from “BBB” to “BBB+” for their senior unsecured debt rating. 4 March 2013
Shareholders of Alterra Capital Holdings and Markel Corporation have overwhelmingly approved Markel’s move to acquire the Bermuda-based re/insurer. 28 February 2013
Don Kramer’s Bermuda investment management company, ILS Capital Management has announced senior personnel changes as it develops its presence in an increasingly buoyant Bermuda ILS sector. 27 February 2013
Ironshore announced this week that it will enter the Bermuda healthcare market with Iron-Starr, just days after news that it had acquired Excess Risk Reinsurance. 25 February 2013
