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Fosun International has filed an application with the Hong Kong Stock Exchange to float Bermuda-based insurer Ironshore on the New York Stock Exchange. 23 June 2016
ILS
Reinsurers that have established a strong foundation of proven, effective underwriting and reserving principles, especially those with diversified portfolios, will have the best chance to remain relevant and profitable in the current market. 22 June 2016
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Blue Capital Management, a subsidiary of Bermuda-based Endurance, has reported strong portfolio execution following the June 2016 renewal period. 22 June 2016
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Aon Benfield, the reinsurance broker with offices in Bermuda, has appointed Luke Foord-Kelcey as co-head of its cyber practice group. 21 June 2016
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Neon, a specialist Lloyd’s insurer, has unveiled the opening of an office on Bermuda as it seeks to grow its international footprint and achieve greater access to both the Bermudian and US markets. 21 June 2016
News
The captives industry should make sure to closely monitor the Base Erosion and Profit Shifting (BEPS) report, published by the OECD last year. 20 June 2016
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An additional 16 new captives were added to the Bermuda captive hall of fame by the Bermuda Captive Conference last week during its conference. 20 June 2016
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More than 800 delegates attended this week’s Bermuda Captive Conference, with organisers hailing the event as a major success. 17 June 2016
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Bermuda-based re/insurer Aspen Insurance has appointed Christopher Wildee as head of international marine. 17 June 2016
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Shelby Weldon, the Bermuda Monetary Authority’s (BMA) director of licensing and authorisation since 2006, has been recruited by Marsh into its captives business on Bermuda. 16 June 2016
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