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BDA defends Bermuda’s reputation amid reports on 'Panama Papers'

Bermuda's Business Development Agency (BDA) has defended the reputation of the island as an offshore financial centre in the wake of the recent 'Panama Papers' leak that claim international tax evasion on the part of governments and individuals. 6 April 2016

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Starr adds AIG exec to political risk group

Starr Companies, the global insurance and financial services firm, has announced that John Hegeman has joined its political risk group. 5 April 2016

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Hamilton appoints Hardy exec to head up property D&F

Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has appointed Miles Osorio as head of property direct and facultative (D&F). 5 April 2016

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Global reinsurance capital dips, but alternative up by 12%

The total global reinsurer capital stood at $565 billion at December 31, 2015 – a reduction of 2 percent relative to the end of 2014, according to a new report from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon. 4 April 2016

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ArgoGlobal hires AIG exec for underwriter role

ArgoGlobal, the Lloyd’s insurer and member of Bermuda-based Argo Group, has named Andrew Summers as credit and political risks underwriter. 4 April 2016

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Enstar finalises deal to reinsure Allianz Re US run-off business

Enstar Group, the Bermuda-based insurance group, has announced that one of its wholly owned subsidiaries completed a previously announced transaction to reinsure portfolios of Allianz Re’s US run-off business. 1 April 2016

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TMR appoints chief risk officer

Bermuda-based reinsuer Tokio Millennium Re has appointed Andreas Kull as chief risk officer (CRO) and member of the Executive Committee of TMR. 1 April 2016

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Maiden Re subsidiary launches equipment breakdown offering

Maiden Reinsurance North America, a wholly-owned subsidiary of Bermuda holding company Maiden Holdings, has launched a new equipment breakdown reinsurance offering. 31 March 2016

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Everest Re makes senior appointments

Bermuda-based holding company Everest Re has made a number of senior appointments. 31 March 2016

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Aspen appoints Liberty exec as SVP of energy and construction

Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings, has appointed Daniel Murphy as senior vice president (SVP) of energy and construction. 30 March 2016

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