News

News

Cautiously stepping on the bandwagon

In an industry that is stagnating, Bermuda’s re/insurers have been quick to embrace the potential growth in cyber risk—but they are also wary, as Bermuda:Re+ILS finds out.   28 November 2016

News

Cyber: understanding the opportunity

The re/insurance industry has been worrying about cyber threats for some time. Despite the complexities, it seems that cyber is offering an opportunity for a section of the Bermuda industry. Bermuda:Re+ILS reports.   28 November 2016

News

Athene Holding announces IPO

Bermuda-based re/insurer Athene Holding has launched an initial public offering (IPO) of its 23.8 million Class A common shares.   28 November 2016

News

Essent chairman/CEO to present at JP Morgan FinTech event

Essent Group, the Bermuda-based holding company which owns mortgage insurer Essent Guaranty and mortgage reinsurer Essent Reinsurance, has announced that chairman and CEO Mark A. Casale will present at the JP Morgan 2016 FinTech & Specialty Finance Forum.   28 November 2016

News

XL Catlin launches emergency security and disaster evacuation solution

XL Catlin, a subsidiary of Bermuda-based XL Group, has introduced an emergency security and disaster evacuation (ESDE) solution for businesses with employees working internationally.   25 November 2016

News

Sompo raises 2018 profit target following agreed acquisition of Endurance

Japanese insurer Sompo Holdings has raised its profit target for 2018, driven by expectations of its agreed acquisition of Endurance, as well as good performance of its domestic property/casualty business.   25 November 2016

ILS

UK gov publishes ILS draft regulation that will allow London to compete with Bermuda

The UK government is working on the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which would allow London to compete with reinsurance hubs like Bermuda.   24 November 2016

News

Hiscox appoints COO for UK and Ireland business

Hiscox, a specialist insurer with offices in London and Bermuda, has promoted Juan de Castro to the position of chief operating office for Hiscox UK and Ireland.   24 November 2016

News

Willis Bermuda poaches Allied World COO

Willis Bermuda, a segment of Willis Towers Watson, has appointed Kirsten Beasley as senior vice president of its healthcare team.   23 November 2016

News

NAIC describes Bermuda-US regulator relations as critical

The president-elect of the National Association of Insurance Commissioners (NAIC) has describes the relationship between Bermuda and US insurance regulators as critical in the aftermath of talks between the body and the Bermuda regulator.   23 November 2016

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