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Sirius, the Bermuda-based holding company, has launched new primary surety and environmental platforms after hiring two experienced executives from Tokio Marine and Great American Insurance Group. 27 January 2017
ILS
The insurance-linked securities market saw non-life ILS capital grow in 2016, according to the latest ILS Market Update from Willis Capital Markets and Advisory. 26 January 2017
News
Ascot Underwriting has confirmed that Ian Thompson, Nick Williamson, and Justin Keith will be moving from Hiscox Re to Ascot on 1 March to underwrite healthcare, casualty treaty, and specialty Reinsurance business. 26 January 2017
News
Bermuda-based Everest Reinsurance has joined forces with industry veterans Glen and Todd Welch to form Salus Systems, a strategic partnership aimed at reducing workplace injuries. 26 January 2017
News
Chubb, which was acquired by ACE in 2016 and has a significant Bermuda presence, has made strategic promotions in its Eurasia and Africa leadership team to target growth in the emerging region with immediate effect. 25 January 2017
News
XL Catlin has been given permission to open an onshore reinsurance branch office in India, after getting final approval from the Insurance Regulatory Development Authority of India (IRDAI). 25 January 2017
News
A new report by JLT Re claims that there were some signs of the influx of capital into the reinsurance industry easing in the year-end renewals while demand for reinsurance also increased slightly. 24 January 2017
News
A new report from Fitch Ratings has claimed that the Bermuda re/insurance market remains viable in the face of declining profitability despite challenging market conditions and increased potential political threats from the US. 24 January 2017
News
Proposed tax legislation designed to defer the recognition of affiliated offshore reinsurance for US tax purposes will negatively impact businesses and consumers in the US, a new report sponsored by the Association of Bermuda Insurers and Reinsurers (ABIR) and written by economists at global consulting firm The Brattle Group has found. 24 January 2017
ILS
The insurance-linked securities (ILS) sector might see a bumper year ahead as a record number of catastrophe bonds mature – and most will likely be renewed – boosting what is also expected to be a bullish year for new issuance, according to a report by Aon Securities, the investment banking division of Aon Benfield. 24 January 2017
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