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XL Group (XL), headquartered in Bermuda, has made senior changes in connection with a planned realignment of its property and casualty (P&C) operating model.
The changes will be effective on January 1, 2017. 26 October 2016
News
Everest Re, a Bermuda-based reinsurer, has published its third quarter results with a net income of $295.4 million for 2016, compared with $88.6 million in the same period for 2015. 26 October 2016
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Qatar Re's relocation to Bermuda has allowed the company to move even closer to its clients in the Americas, their markets and lines of business, according to Luke Roden, head of ceded re and global head of catastrophe at Qatar Re. 25 October 2016
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Endurance Global Risk Solutions (EGRS), a subsidiary of Bermuda property/casualty re/insurer, Endurance Specialty Holdings, has launched a new lead umbrella product. 25 October 2016
News
Everest Insurance, a Bermuda-based insurer, has appointed Don Allard as the head of its professional liability group. 24 October 2016
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Neon has appointed Dwayne Hunt as senior vice president (SVP) of property insurance in its Bermuda office, effective December 1, 2016. 24 October 2016
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One theme that emerged from September’s Monte Carlo Rendez-Vous was that re/insurance companies need to look for pockets of opportunity wherever they can. One such area could be Asia. Bermuda:Re+ILS takes a look. 21 October 2016
News
Hedge fund-sponsored reinsurers experienced adverse results from both sides of the balance sheet in 2015, but as with any start-up, it generally takes several years for a strategy to take hold and reach adequate economies of scale and there are signs for optimism, says Steve Chirico, assistant vice president, AM Best. 21 October 2016
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Money laundering and terrorist financing are financial facts of life. Charles Thresh from KPMG tells Bermuda:Re+ILS why companies need to take these dangers very seriously indeed. 21 October 2016
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Technology, diversity and disintermediation are all notions that if embraced, will sustain and prosper the insurance industry, says Arthur Wightman, PwC Bermuda leader and insurance leader. 21 October 2016
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