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Bermuda-US ties highlighted at New York forum

Bermuda's value to global business and the United States has been highlighted at the Bermuda Executive Forum in New York on March 22. 25 March 2019

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RenRe completes TMR acquisition

RenaissanceRe Holdings has announced that it has concluded its acquisition of Tokio Millennium Re (TMR). 22 March 2019

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Arch Capital announces new board chairman

Arch Capital Group has announced that John Pasquesi is to succeed Constantine “Dinos” Iordanou as chairman of its board of directors in September upon the completion of Iordanou’s term. 22 March 2019

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New digital asset exchange gets provisional licence on Bermuda

Omega One has launched Omega Dark, which it claims is the first regulated, fully independent, and institutionally-focused dark pool in the digital asset marketplace. 21 March 2019

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R&Q subsidiary announces California partnership

A Florida-domiciled subsidiary of Randall & Quilter has confirmed a program underwriting partnership with Pronto General Insurance Agency. 21 March 2019

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Lloyd’s chairman highlights Bermuda partnership

The Bermuda insurance market and Lloyd’s of London have many common interests and should focus more on growing the size of the insurance market for mutual benefit than on competing against each other, according Bruce Carnegie-Brown, the chairman of Lloyd’s. 20 March 2019

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AXA starts new blockchain scheme in Sweden

AXA Partners, which is a part of the same group as AXA XL, has started a blockchain payment protection experiment to support people who are involuntary unemployed in Sweden. 20 March 2019

ILS

Markel optimistic about ILS despite challenges

Markel has revealed that its ILS operations had grown “dramatically” from nothing to $92 million in 2018, in just five years and that it is “incredibly optimistic” about the future of its insurance linked securities (ILS) business despite ongoing investigations into recorded loss reserves at CATCo and its subsidiaries. 19 March 2019

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Speakers announced for BDA New York event

A wide range of guests will join former New York mayor and philanthropist Michael Bloomberg and American International Group President and CEO Brian Duperreault as special guests participating in the March 21 Bermuda Executive Forum New York. 19 March 2019

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Palomar files for IPO on the Nasdaq

US specialty insurer Palomar Holdings has filed for an initial public offering (IPO) on the Nasdaq stock exchange and is looking to raise $50 million from the deal. 18 March 2019

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