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Ironshore partners with Old Mutual Group

Bermuda-based insurer Ironshore International has announced its Lloyd’s Pembroke Managing Agency (Pembroke) has partnered with Old Mutual Group. 16 June 2016

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Allianz and Nephila pilot blockchain technology

Allianz Risk Transfer (ART) and Nephila Capital have piloted the use of blockchain smart contract technology for transacting a natural catastrophe swap in Bermuda. 15 June 2016

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Everest Re names head of structured solutions unit

Bermuda-based Everest Re has appointed Marty Scherzer as head of its structured solution unit. 15 June 2016

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Ironshore launches M&A unit in America; hires AWAC execs

Bermuda-based Ironshore International has magnified its presence in the Americas with the expansion of its mergers and acquisitions (M&A) unit into the region. 14 June 2016

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BMA’s Cox attends IDF workshops at IIS forum

Jeremy Cox, chief executive officer of the Bermuda Monetary Authority (BMA), attended workshops at the global insurance forum of the International Insurance Society (IIS) in Singapore last weekend. 14 June 2016

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Bermuda praised as as quality jurisdiction in Chicago

Bermuda has been praised as a quality jurisdiction at a series of media interviews, high-level business meeting and networking events in Chicago in the follow up into the weekend’s Louis Vuitton America’s Cup World Series. 13 June 2016

ILS

Horseshoe acquires IKONIC

Horseshoe Group, an independent insurance manager, has acquired a Bermuda-based fund administrator, IKONIC Fund Services, to form an independent fund administrator and insurance manager dedicated to both the insurance linked securities (ILS) and the alternative fund markets. 13 June 2016

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Iron-Starr to underwrite insurance lines for OCIL

Iron-Starr Excess Agency, a Bermuda-based managing general insurance agency and subsidiary of Ironshore, will be underwriting certain lines of insurance on behalf of Oil Casualty Insurance (OCIL). 10 June 2016

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Citadel Risk rebrands Cedar Management following acquisition

Bermuda-based niche reinsurer Citadel Risk has finalised its acquisition of consulting firm Cedar Management. 10 June 2016

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Cyber and reputation amongst most difficult to ensure

Cyber, reputation and lack of innovation are the top priority risks and are amongst the most difficult to insure, according to the annual Airmic member survey. 9 June 2016

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