News
ILS
As the size of its economy grows, Russia is increasingly vulnerable to the devastating effects of a big catastrophe hitting the country. To manage these growing risks, the country’s governments and insurers should consider the many advantages of using insurance-linked securities, say Kirill Savrassov of Phoenix CRetro, Clive O’Connell of McCarthy Denning, and Rom Aviv of IBI ILS Partners. 1 November 2017
Re/insurance
Regulatory developments have taken place in very small steps thus far in 2017, and much remains uncertain, says Susan Molineux of AM Best. 31 October 2017
Life
The 35th America’s Cup was more just than a sailing race—it was a demonstration of national pride, of entrepreneurial zeal, of a can-do spirit that merges the expertise of history with the idealism of the future, and Bermuda will continue to build on that success, writes Ross Webber of the Bermuda Business Development Agency. 31 October 2017
News
Blue Capital Reinsurance Holdings has reported a net loss of $51.9 million for the third quarter of 2017 a fall of 28.6 percent from the profit of $3.3 million it made in the same quarter of 2016. 31 October 2017
News
Everest Re Group has added to the list of companies reporting hurricane-related losses in their third quarter results. 31 October 2017
News
Markel CATCo Investment Management has announced that it has successfully raised over $1.8 billion for its private fund as a result of additional investments from both existing and new investors. 30 October 2017
News
Catastrophe risk modelling firm RMS has announced that economic losses from the wildfires that caused widespread damage to Sonoma, Napa, Solano, Lake, and Mendocino counties could be anything between $6 billion and $8 billion, a substantial increase on earlier estimates. 30 October 2017
News
Re/insurer Aspen has launched what it describes as a comprehensive program to drive greater effectiveness and efficiency across the company, which has a substantial presence on Bermuda, and enhance its market position. 30 October 2017
News
The 2017 hurricane season could be a defining moment for Bermuda. Greg Wojciechowski of the Bermuda Stock Exchange outlines why this Atlantic storm season may define Bermuda’s role in the world for years to come. 27 October 2017
News
Validus Holdings has announced a net loss of $250.4 million for the third quarter of 2017, a severe fall from the $89.8 million profit it made over the same period of 2016. 27 October 2017
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