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Amid all the hype around artificial intelligence, Paul Eaton of Aon’s Analytics team explains the reality of its potential impact on insurance—and where pigeons come into the equation 9 November 2018
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Bermuda’s reinsurance market is adjusting to US tax reform and several other factors including competition from other jurisdictions and Brexit, says Sridhar Manyem of AM Best. 9 November 2018
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The Bermuda Business Development Agency (BDA) had a direct economic impact on the island's economy of $26.3 million in 2017, according to a PricewaterhouseCoopers (PwC) independent impact study commissioned by the public-private agency. 9 November 2018
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Fitch Ratings has assigned Bermuda-based QBE Blue Ocean Re an Insurer Financial Strength (IFS) Rating of 'A+' (Strong). The outlook is stable. 9 November 2018
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Enstar made a net loss of $16 million in the third quarter of 2018, down from the net profit of $39 million it reported for the same period of 2017. 9 November 2018
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AXIS Capital Holdings has announced a preliminary pre-tax loss estimate for Hurricane Michael in the range of $100 million to $120 million. 9 November 2018
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Aon’s Impact Forecasting team has launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of Hurricane Michael and other natural disaster events that occurred worldwide during October 2018. 8 November 2018
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Marsh & McLennan Companies (MMC) has announced that the shareholders of Jardine Lloyd Thompson Group (JLT) have overwhelmingly approved Marsh & McLennan’s agreement to acquire JLT. Of those shares voted, 99.9 percent voted in favour of the transaction. 8 November 2018
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The Monte Carlo Rendez-Vous represents a great litmus test for many things, including the health of the ILS sector. The outlook for ILS is very positive—and this is good news for Bermuda, a wide range of industry experts told Bermuda:Re+ILS at the event. 8 November 2018
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James River Group Holdings has announced the appointment of Christopher Harris and Sundar Srinivasan to its board of directors, and to its audit and investment committee, respectively. 7 November 2018
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