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Reinsurance market faces challenges, claims AM Best
AM Best is maintaining its negative outlook for the global reinsurance market, claiming that continued market challenges will hinder the potential for positive rating actions and may translate into negative rating pressures in 2017.   13 December 2016
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Validus Holdings CEO explains reasons for share sale
Validus Holdings has announced that chairman and CEO Edward Noonan has reluctantly sold 273,000 shares of the company's common stock in open market transactions.   13 December 2016
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Silverton Re renewed for 2017
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings, has announced that its Aspen Capital Markets division has renewed Silverton Re for 2017.   13 December 2016
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Neon adds to Bermuda team
Neon, a specialist Lloyd’s insurer, has hired Tom Hulst and Gavin Hunter as non-executive directors of Neon’s Bermuda operations, effective immediately.   12 December 2016
News
No room for Lane after Tokio Solution restructure
Tokio Solution, the Bermuda-based third party capital (TPC) arm of Tokio Millennium Re (TMR), has announced changes to its senior management as part of a wider restructuring and review of its TPC strategy.   12 December 2016
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Bermuda rebuts Oxfam tax haven criticism
The Government of Bermuda has hit back after the Island was highlighted for criticism by a recent report by global charity Oxfam on taxes and transparency.   12 December 2016
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XL Catlin rings reinsurance changes for New Year
XL Catlin has announced a number of key leadership changes for its reinsurance operations in both Bermuda and London.   9 December 2016
News
Validus Re exec appointed chairman of SRA
The Singapore Reinsurers’ Association (SRA) has announced that Marc Haushofer, CEO, Asia Pacific of Bermuda-based Validus Re will succeed Alain Flandrin, CEO (Asia Pacific) of Partner Re Asia as its chairman with effect from 1 January 2017.   9 December 2016
News
Athene announces pricing for IPO shares
Bermuda-based Athene Holding has announced the pricing of its initial public offering of Class A common shares.   9 December 2016
News
BMA adds three students to graduate training scheme
The Bermuda Monetary Authority (BMA) has added three Bermudian students to its graduate training programme (GTP), designed to prepare university graduates for a career in financial services regulation.   8 December 2016

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