News

News

ACE gets A++ (Superior) upgrade from AM Best

AM Best has upgraded the financial strength rating of a host of ACE subsidiaries from A+ (Superior) to A++ (Superior), including ACE Bermuda Insurance, ACE Tempest Re and parent, ACE Tempest Life Reinsurance.   14 April 2014

article

Aspen’s board unanimously rejects Endurance overture

Aspen’s board of directors has, after “careful evaluation”, unanimously rejected the unsolicited proposal from Endurance to acquire Aspen for $47.40 per share.   14 April 2014

ILS

Cycle management: going through the gears

Managing the vagaries of the cycle is a challenge that has been exacerbated of late by changing market dynamics. Here we talk with Allied World and XL Group about how the two companies are navigating a course through new and uncertain seas.   14 April 2014

ILS

A whole new world

Developments in the cat bond space have been picking up steam.Bermuda:Re asks industry experts what the future might look like.   14 April 2014

Re/insurance

Reinsurance buying: changing appetites

Insurers are changing the way they buy reinsurance. Here, we explore the shifting dynamics of the cedant-reinsurer relationship.   14 April 2014

ILS

Global reinsurer capital hits record high

Reinsurer capital has reached a record high of $540 billion, according to the latest report by Aon Benfield, providing some indication of the competitive dynamics facing the sector.   14 April 2014

News

Endurance looks to acquire Aspen

Endurance has made public efforts to enter into talks with Aspen to acquire the company, a move that would establish the combined entity as a global leader in specialty insurance and reinsurance.   14 April 2014

News

PartnerRe forms MENA professional lines partnership

Bermuda-based PartnerRe has established a strategic partnership with Chedid Re, one of the largest reinsurance brokers in the MENA region, to provide PI and D&O capacity in the region.   14 April 2014

News

Willis makes Bermuda and capital markets appointments

Willis has appointed David Spear, as vice president, senior health care in Bermuda; and Rui Huang and Quentin Perrot as senior vice president and vice president within its growing capital markets division.   14 April 2014

ILS

A deeper, broader footprint

William Pollett, president and CEO of Blue Capital Management, talks to Bermuda:Re about cedant appetite and investor interest in the asset management company’s burgeoning collateralised reinsurance offering.   14 April 2014

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