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Third Point Re CEO Robert Bredahl has resigned from his position with immediate effect, with Daniel Malloy, current CEO of the company’s main operating subsidiary, succeeding him on an interim basis. 10 May 2019
News
Bermuda reinsurer Third Point Re started 2019 with a record first quarter income of $132.9 million, driven by strong investment returns, although the company is still paying out more money in claims than it is receiving in premiums. 10 May 2019
ILS
The Bermuda Stock Exchange (BSX) has introduced an environmental, social and governance (ESG) initiative to promote sustainable and responsible growth for its member companies and listings, with insurance-linked securities (ILS) recognised as a sustainable development investment. 9 May 2019
News
Aon has appointed Jay Demeusy as US vice chairman of its Reinsurance Solutions business. 9 May 2019
ILS
The Government of Jamaica is on course to developing its first ever catastrophe bond through a partnership with the World Bank. 9 May 2019
News
Dave Edwards of ChainThat tells Bermuda:Re+ILS about the company’s new blockchain-powered risk and capital exchange on Bermuda. 9 May 2019
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Bermuda-based reinsurer RenaissanceRe had a strong start to 2019 this quarter, having over tripled its profits and posting a combined ratio of 72 percent. 8 May 2019
News
Bermuda re/insurer Everest Re Group had a profitable first quarter this year, and expanded both its insurance and reinsurance businesses. 8 May 2019
ILS
Athene Holding, a provider of retirement saving products based in Bermuda, has formed a strategic capital solution expected to provide it with up to $4 billion of on-demand, third-party equity capital, to help it pursue various growth initiatives. 8 May 2019
News
Just over a year after it was founded, Sussex Capital continues to go from strength to strength. Mark Allan, chief financial officer of Brit, the power behind Sussex Capital, talks to Bermuda:Re+ILS about the road ahead. 8 May 2019
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