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
Bermuda’s reinsurers are at the vanguard of third party capital opportunities, says Henry Kingham. 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
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
article
In a highly competitive field, Aon Benfield continues to set itself apart from the competition as a technically adept and informed partner and advisor to clients, as data and analysis play an ever-increasing role in the broker-client relationship. 15 October 2013
ILS
The industry is adapting to a new norm, one shaped by the influx of alternative capital. Bermuda:Re asked the market: Are we on the cusp of profound change within the reinsurance industry as a result of increasing capital markets interest, and how will this change the dynamics of the industry? 15 October 2013
article
Jed Rhoads opens up about Markel’s high profile acquisition of Alterra in the first half of 2013. Now, balanced
between Virginia and Bermuda, he finally feels at home. 15 October 2013
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