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R&Q Investment Holdings has announced a corporate restructuring to create a newly named division, Accredited, which comprises its US and European program management businesses.   7 September 2018
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Bermuda will continue to be a key international hub for reinsurance despite being challenged in recent years, most recently by tax reform in the United States, which fundamentally changed how multinational entities are taxed, according to a new AM Best report, “Global Reinsurance: Optimism Fizzles, It’s Back to the ‘New Normal.’”   7 September 2018
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AM Best has assigned financial strength ratings of A (Excellent) to Essent Guaranty, Essent Guaranty of PA, and Essent Reinsurance. The outlooks assigned to these credit ratings are stable, and are effective as of September 5, 2018.   7 September 2018
News
Sompo International Holdings is launching SomPro, a global financial and professional lines platform encompassing insurance and reinsurance capabilities.   7 September 2018
News
Jeremy Cox, CEO of the Bermuda Monetary Authority, explains three major issues for Bermuda, as laid out in the authority’s 2018 Business Plan.   6 September 2018
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Bermuda:Re+ILS sat down with Charles Cooper, chief executive, Reinsurance at XL Catlin, to discuss where the company stands as it prepares for integration with AXA.   6 September 2018
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Catalina Holdings has announced that Parri Spector has joined the business as director of M&A and reinsurance transactions.   6 September 2018
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Arch Insurance announced that Valerie Turpin has joined the company as executive vice president (EVP) and head of US property. She succeeds Michael Kmetz, who has taken a different role within the firm.   6 September 2018
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A new study by the Association of Bermuda Insurers & Reinsurers (ABIR) claims that Bermuda’s global (re)insurance market has a growing positive impact on the European Union, with companies providing critical coverage to European policyholders and businesses.   6 September 2018
News
Capsicum Re is collaborating with catastrophe modelling firm AIR Worldwide as part of a joint effort to enhance the insurance industry’s modelling of “silent” cyber incidents.   5 September 2018

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