News
Re/insurance
A three-year $63 tax on health insurance plan enrolees will not stimulate reinsurance buying, but it will create a war chest for insurers and a “ready source of funds to smooth out the impact of high cost claims” associated with Obamacare. 16 October 2013
ILS
The industry is on the cusp of profound change, with the rise of the reinsurance manager part of this substantial evolution. Rick Miller and Michael Popkin explore the new landscape. 16 October 2013
ILS
Bermuda’s reinsurers are at the vanguard of third party capital opportunities, says Henry Kingham. 16 October 2013
Re/insurance
Canopius has appointed Grant Elliott as head of business development and Sally Coryn as head of corporate development as it strengthens its London operations. 15 October 2013
article
Bermuda’s Convergence 2013 event, which will take place on 13 and 14 November, reflects growing interest in the potential of convergence capital to change the reinsurance landscape. 15 October 2013
article
Tokio Millennium Re has completed its redomestication to Switzerland following approval from the Swiss regulator, in a move that forms part of the reinsurer’s long-term strategic ambitions. 15 October 2013
article
Bermuda-domiciled R&Q has acquired Cypriot re/insurer, FAIR from Validus for $24.1 million in its biggest deal in five years. FAIR has been in run-off since 2010. 15 October 2013
Life
Re/insurers will need to pay increasingly close attention to their investment strategies in the face of changing economic conditions as the symptoms of the financial collapse abate, says Patrick Liedtke. 15 October 2013
article
Reinsurers will experience an increasingly competitive pricing dynamic in the face of record levels of market capital and cat losses that have been insufficient to bring about any notable turn in the market. Bermuda:Re investigates. 15 October 2013
ILS
Stephen Lund, the new face of the Bermuda BDA, is ready to get right to work. 15 October 2013
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