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Paul Kneuer joins Stonybrook Capital to beef up research and analytics

Stonybrook Capital & Risk Management has hired Paul Kneuer as a managing director.   7 October 2020

News

BMA publishes cyber code of conduct for insurance

The Bermuda Monetary Authority has published the Insurance Sector Operational Cyber Risk Management Code of Conduct to establish duties, requirements, standards, procedures, and principles for insurers and intermediaries operating in the cyber market.   7 October 2020

ILS

Convergence 2020 promises a familiar feel in its new look virtual format

Convergence 2020 kicks off on October 6 in a new fully virtual format, becoming the latest event to be forced to make alternative arrangements due to restrictions on movement and gathering due to COVID-19.   6 October 2020

News

Colonial Group International rebrands as CG

Bermuda-based Colonial Group International has rebranded itself as CG as part of an effort to harmonise its brand across all its operations and jurisdictions.   6 October 2020

News

Premia Holdings set to acquire Navigators in Europe from The Hartford

Premia Holdings will acquire Navigators Holdings (Europe) and its associated companies, which includes Assurances Continentales – Continentale Verzekeringen of Belgium and Canal Re of Luxemburg, from The Hartford.   6 October 2020

News

Everest Re raises $1bn via bond issue

Everest Reinsurance Holdings (ERH), a wholly-owned subsidiary of Everest Re Group, has priced a registered public offering of $1.0 billion aggregate principal amount of 3.500 percent senior notes due 2050.   6 October 2020

News

JBA Risk Management launches Climate Change Analytics tool for financial institutions

JBA Risk Management has launched Climate Change Analytics (CCA), a platform designed to help financial institutions and investors to understand the potential long-term impacts of climate change, and to meet regulatory requirements.   5 October 2020

News

Blockchain and sustainability event planned for start of Bermuda Technology Week

Penrose Partners, a Canadian and Bermudian founded emerging technology consulting firm, will host The Bermuda Blockchain and Sustainability Symposium (BBSS) on October 12-13, 2020 to begin Bermuda Technology Week.   5 October 2020

ILS

Geared for growth: Bermuda’s regulatory framework

Bermuda’s regulatory framework has evolved to support ILS growth and innovation potential. This will be invaluable in helping the Island adapt to life after COVID-19, whatever that looks like, say Sarah Demerling, head of market intelligence, and Anna Pereira, head of overseas market and promotion, at ILS Bermuda.   2 October 2020

News

Enstar makes a bid to acquire Watford Re

Enstar has moved to acquire Watford Re for a per share price of $31.00.   2 October 2020

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