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Treefrog Consulting, a Bermuda-based re/insurance and ILS technology firm, has created an underwriting, pricing and portfolio management web application to help reinsurance and ILS businesses speed up pricing. 30 January 2019
ILS
The Bermuda Monetary Authority (BMA) registered 75 re/insurance companies in 2018, up from 58 in 2017, a 29.3 percent increase year-on-year. 29 January 2019
ILS
The global non-life insurance-linked securities (ILS) market grew to $93 billion at the end of 2018, up from $88 billion year-on-year, despite a substantial slowdown in the fourth quarter. 29 January 2019
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Allied World Assurance Company Holdings has made a series of leadership appointments for its Bermuda operations. 28 January 2019
ILS
Aetna, a provider of healthcare insurance and subsidiary of CVS Health, has entered into a four-year reinsurance deal with a newly formed Cayman Islands special purpose insurance vehicle, Vitality Re X. 28 January 2019
ILS
AlphaCat Managers, the insurance-linked securities (ILS) fund manager subsidiary of AIG, has completed a $5 million private catastrophe bond transactions with Brazilian reinsurer Terra Brasis Re. 28 January 2019
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Langhorne Re, a reinsurer targeting large life and annuity blocks, has appointed Marvin Pestcoe as executive chair and CEO of Langhorne Re Bermuda. 25 January 2019
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Specialty re/insurer Argo Group has established a graduate training programme in Bermuda for those looking to gain experience and exposure to the re/insurance industry. 25 January 2019
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Qatar Re's Gunther Saacke will step down from his role as CEO and executive director of the Bermuda reinsurer at the company's next board meeting, scheduled for March. 25 January 2019
ILS
Sizeable increases in retrocession rates driven by a decreased demand in the insurance-linked securities (ILS) market could indicate that reinsurance pricing in Bermuda may regain momentum in mid-219 when accounts that had a greater catastrophe loss impact are up for renewal. 25 January 2019
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