News

News

Bermuda reinsurers play role in establishing disaster backstop

Hiscox, RenRe and Fidelis MGU all provided capacity which emergency organisations can call on in the immediate aftermath of a disaster.   6 September 2023

News

Canopius appoints new global head of inclusion

The former police diversity head is tasked with elevating re/insurer’s EDI programme.   6 September 2023

News

Cat bond sector may see second half surge, says AM Best

The ratings agency said cat bond issuance for 2023 already exceeds the 2022 total.   6 September 2023

News

Ratings agency is more optimistic about the reinsurance sector

S&P changes view from negative to stable after 2023 price increases and expects rates to rise futher.   5 September 2023

News

AIG secures adverse development cover for Validus sale

The insurer has agreed to have $400 million of protection for reserves.   5 September 2023

News

Bermudian insurance veteran promoted at Convex

The re/insurer has also appointed a deputy group CUO for reinsurance in London.   5 September 2023

News

Compre completes acquisition of Covéa subsidiary

The legacy insurer has expanded its share of French medical malpractice liabilities.   4 September 2023

News

Cat bond issuance likely to reach record heights in 2023

An Aon report says overall ILS securities reached $100bn this year.   4 September 2023

News

EC gives go-ahead to RenRe purchase of Validus

The European regulator says the acquisition of AIG units raises ‘no competition concerns’.   4 September 2023

News

Wilton Re’s A rating affirmed by AM Best

The ratings agency says the life reinsurer’s mid-term earnings outlook is favourable.   1 September 2023

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