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News
Bermuda-based casualty re/insurer James River Group had a profitable first quarter in 2019, and continued to focus on its growth efforts on its two primary insurance segments - excess and surplus lines and specialty admitted insurance, while cutting back on its casualty reinsurance segment. 2 May 2019
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Many were stunned when it was revealed that Bermuda was on the EU’s so-called ‘blacklist’ of tax jurisdictions, and the government was quick to take responsibility for what turned out to be human error. How quickly can the Island be removed? Bermuda:Re+ILS reports. 2 May 2019
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Fitch Ratings has upgraded the insurer financial strength (IFS) ratings of the operating companies of Athene Holding - which includes its Bermuda-based annuity reinsurance subsidiary Athene Life Re - from A- (strong) to A (strong). 1 May 2019
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Bermuda-based Arch Capital experienced growth across most lines of business in the first quarter of 2019, and increased its profits 219.1 percent year-on-year. 1 May 2019
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The Risk and Insurance Management Society and Bermuda Business Development Agency (BDA) have partnered to host an invite-only event aimed at senior insurance industry executives aimed at deepening their understanding of key specialist global insurance markets. 1 May 2019
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Argo Group International Holdings has had a strong start to 2019, increasing its first quarter profits 270.4 percent year-on-year, at a time where the Bermuda-based specialty re/insurer in an ongoing dispute with activist shareholder Voce Capital Management. 30 April 2019
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Former Catlin executives Stephen Catlin and Paul Brand have revealed a new international specialty re/insurer operating in Bermuda and London, Convex Group. 30 April 2019
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The financial strength ratings of Sirius International Insurance Group (SIIG) and its main rated subsidiaries are unaffected from the debt and liquidity difficulties of its approximate 80 percent shareholder China Minsheng Investment Group (CMIG), AM Best has stated. 29 April 2019
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Bermuda finance minister Curtis Dickinson has lead a delegation of government, regulatory and industry personnel to the Risk and Insurance Management Society (RIMS) annual conference this week. 29 April 2019
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Bermuda-headquartered re/insurer Qatar Re has appointed acting CEO Michael van der Straaten as its permanent CEO, and Pantelis Koulovasilopoulos as chief underwriter officer - long tail and specialty classes. 26 April 2019
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