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Maiden Holdings has announced that it is evaluating strategic alternatives and that it has retained BofA Merrill Lynch to help its board of directors with this. 9 April 2018
News
Sompo International has appointed Jonathan Monks and Ben Tasse as senior vice presidents, business development, for the company’s US insurance platform. 9 April 2018
News
XL Catlin has joined forces with insuretech company Praedicat to help clients address changing liability insurance needs and to try to identify future latent risks. 9 April 2018
News
As healthcare in the US undergoes many changes, Bermuda has increasingly become the go-to market for specialist insurance buyers for major hospital systems, long-term care facilities, physicians groups, and health benefits and services providers as they grapple with thir risk management and insurance needs. 6 April 2018
News
Professional accountants in Bermuda will now all belong to a single umbrella organization to meet relevant international standards. 6 April 2018
News
In a development that will be of concern to the Bermuda reinsurance market, 14 named storms are expected to form during the 2018 Atlantic hurricane season (June 1 to November 30), according to Colorado State University researchers. 6 April 2018
News
Executives from companies including XL Catlin and Chubb Bermuda will join representatives from the Bermuda Monetary Authority (BMA) and the Association of Bermuda Insurers & Reinsurers (ABIR) at a special executive forum hosted by the Bermuda Business Development Agency (BDA) during this month’s RIMS Annual Conference & Exhibition in San Antonio, Texas. 5 April 2018
ILS
In an announcement that will be of great interest to Bermuda’s growing insurance-linked securities (ILS) community, the US Federal Emergency Management Agency (FEMA), which manages the National Flood Insurance Program (NFIP), has said it is exploring the possibility of using an ILS transaction to transfer risk to the capital markets. 5 April 2018
News
Bermuda-based Oil Casualty Insurance, a provider of excess property and liability insurance to a broad array of industries with a focus on the energy industry, has recruited a senior underwriter from Tokio Millennium Re Bermuda. 5 April 2018
ILS
The Association of Bermuda Insurers and Reinsurers (ABIR) is bringing together distinguished past leaders with current chief executives of Bermuda's global insurance market in a leadership forum to market ABIR's 25th anniversary this summer. 4 April 2018
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