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Specialist insurer Markel International has appointed former XL Catlin underwriter Ryan Godfrey as senior underwriter and head of the cargo team within its marine, energy and property division. 3 January 2017
ILS
While 2016 will, in part, be remembered as the year that the industry looked to embrace technology and finally understood its transformative power for the risk transfer industry, 2017 could be the real game-changer as companies put words into action. 23 December 2016
News
The year 2016 may well be remembered for the depressed returns posted by many re/insurers as they continued to grapple with low investment returns and the soft market—and 2017 could bring more of the same if there is no change in the market. 23 December 2016
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Securing equivalence with Solvency II represented a major achievement for Bermuda in 2016 and one the year will be remembered for as the Island will now continue to reap the rewards of this in 2017 and the future. 23 December 2016
News
The chief executive of Fairfax Financial has moved to reassure staff at Allied World Assurance Company, which Fairfax is to acquire for $4.9 billion, that the unit will continue to be run in its own right meaning there will be no immediate implications for staff. 23 December 2016
ILS
The notes relating to the €225 million innovative insurance-linked security issued by Italian insurer Assicurazioni Generali have been listed on the Bermuda Stock Exchange (BSX). 23 December 2016
News
A new special purpose vehicle has been registered on the Bermuda Stock Exchange (BSX) ready to issue a $200 million tranche of notes – but the sponsor has not yet been revealed. 23 December 2016
News
A potentially chronic shortage of talent could become increasingly apparent in the re/insurance industry in 2017 and the industry must find ways of recruiting from a broader talent pool, according to Bermuda executives asked to describe what will be the pertinent topics of 2017. 23 December 2016
News
Unexpected political upheavals including the votes that mean the UK will leave the EU and that Donald Trump becomes the next president of the US, will define 2016 when the industry looks back—and will also determine the tone and direction of travel for 2017. 23 December 2016
News
The year 2016 may well be remembered for the implications of some of the big mergers and acquisitions (M&A) that have taken place this year, especially with so much Asian money continuing to pour into the industry—and 2017 could see more activity, changing the industry even further. 23 December 2016
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