News

News

AXIS Insurance collaborates on new environmental risk offering

AXIS Insurance has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, to provide a broad environmental risk product offering for contractors, consultants and engineers in the United States.   25 September 2018

News

Insurance innovation lab to debut in Bermuda

Cookhouse Pop-Up Lab will be making its debut in Bermuda to uncover challenges that face the local insurance business and combine regional experts with Cookhouse Lab methodologies to help combat them.   25 September 2018

ILS

Cyber: putting the ‘year in the middle’ to good use

Cyber is developing steadily: the ILS market has the potential to solve many of its challenges and Bermuda could sit at the heart of that solution. Tom Johansmeyer of PCS, Verisk Insurance Solutions, takes a look at a neglected period of time for the market.   24 September 2018

News

Fitch places MMC in rating watch negative

Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on rating watch negative in the wake of its announcement that it is buying Jardine Lloyd Thompson (JLT).   24 September 2018

News

AXA XL appoints CEO of subsidiaries

AXA XL has announced that Paul Greensmith has been appointed chief executive officer of Catlin Underwriting Agencies and XL Catlin Insurance Company UK, subject to regulatory approvals.   24 September 2018

News

AXIS Re appoints new Lloyd’s senior underwriter

AXIS Reinsurance has appointed William Bennett as senior underwriter, property reinsurance at Lloyd’s.   21 September 2018

News

Fidelis takes stake in new MGA

Fidelis Insurance has taken an equity stake in a new MGA Kersey Specialty and will be providing underwriting capacity.   21 September 2018

News

BMA publishes money laundering identification paper

The Bermuda Monetary Authority (BMA) has published a paper on how it developed a framework for identifying, assessing and understanding money laundering (ML) and terrorism financing (TF) risks within Bermuda’s insurance sector.   21 September 2018

News

StarStone CEO resigns

Demian Smith, the group chief executive officer (CEO) of Enstar subsidiary StarStone has resigned from his position, effective immediately.   20 September 2018

News

ABIR survey shows how members boost Bermuda

Companies in the Association of Bermuda Insurers & Reinsurers (ABIR) made a direct economic contribution of more than $840 million to Bermuda in 2017, according to the Association’s 13th annual member survey results.   20 September 2018

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