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Technology, analytics and different capital structures are among the top drivers for innovation within the re/insurance industry. Joe Tocco, chief executive, Americas, XL Catlin, talks to Bermuda:Re+ILS about the company’s plans to innovate and lead the industry through stormy times. 13 January 2016
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While still characterised by a process of rationalisation, the dynamic between reinsurers and cedants seems to be approaching more of an equilibrium—albeit with fewer traditional players and, in many cases, in the ILS markets. Bermuda:Re+ILS reports. 13 January 2016
News
Bermuda-based holding company Everest Re has expanded its Everest Insurance distribution management team. 13 January 2016
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Global insurer XL Catlin’s Bermuda-based professional lines team has launched a new policy that combines employment practices liability (EPL) and wage and hour coverage into a seamless option to help clients manage rapidly increasing employer-related risks. 13 January 2016
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The US market has been at the centre of the recent influx of alternative capacity into the industry, resulting in a turf war between traditional players and new investors. Why then are so many companies also actively targeting growth in North America? Bermuda:Re+ILS investigates. 12 January 2016
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The hedge fund reinsurer was the next logical progression for alternative capital into the market, but as their performance has failed to meet expectations, where does that leave the future of this business model? Bermuda:Re+ILS reports. 12 January 2016
News
The rising tide of regulation continues to lap relentlessly at the shores of the world’s offshore finance centres. While some domiciles struggle to keep their heads above water, Bermuda is meeting the challenge head-on and swimming with the tide, Brad Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers, tells Bermuda:Re+ILS. 12 January 2016
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Working with a Japanese parent means there is a great emphasis placed on trust, and Sompo has put its trust in industry veteran Canopius’s Michael Watson to deliver in the global reinsurance markets, as Bermuda:Re+ILS discovers. 12 January 2016
ILS
Don Kramer is a legend in traditional reinsurance thanks to the multiple ventures he has founded and built over the years. Now, energised rather than perturbed by change, he is doing it all again—this time in the rapidly growing ILS space, as he explains to Bermuda:Re+ILS. 12 January 2016
News
The global reinsurance market remains challenging, according to a new report from rating firm AM Best. 12 January 2016
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