Bermuda-based Ironshore International has enhanced its insurance coverage for kidnap & ransom risks to protect corporate entities, as well as private family exposure to unexpected events. 17 October 2014
President of the Association of Bermuda Insurers and Reinsurers (ABIR), Brad Kading, has cited international insurance regulatory standards and various protectionist measures as posing a risk to global business. 17 October 2014
According to catastrophe modelling firm AIR Worldwide, as of 11AM Atlantic Standard Time on Thursday, October 16, 2014 Hurricane Gonzalo’s eye was located about 485 miles (780 km) SSW of Bermuda. 17 October 2014
Bermuda-based insurance-linked securities (ILS) manager Horseshoe Group has launched operations in Gibraltar following approval of its licence. 16 October 2014
The chief financial officer (CFO) of XL Group’s insurance operations has been appointed to the newly created position of executive vice president, underwriting and ceded reinsurance. 16 October 2014
