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Amlin, the specialist international insurer which operates in the Bermuda insurance market, has completed the cross-border merger of two of its insurance company subsidiaries, Amlin Europe and Amlin Insurance (UK). 5 January 2016
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Despite some indications of pricing stabilisation in peak property catastrophe zones at the June/July 2015 renewals, the forecasts for a “softening in the softening” in reinsurance pricing have proved misleading, according to Willis Re. 4 January 2016
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American International Group (AIG) has promoted Anthony Baldwin to chief executive officer (CEO) of the group’s UK operations. 4 January 2016
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The Bermuda Monetary Authority (BMA) has unveiled the results of Bermuda’s coordinated portfolio investment survey (CPIS) for the first time. 24 December 2015
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Bermuda-based Randall & Quilter (R&Q) has unveiled the transfer of a book of business from Liverpool & London Steamship Protection & Indemnity Association (L&L). 24 December 2015
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Insurer ACE, which has operations in Bermuda, has announced the future commercial property and casualty leadership team it intends to appoint for the new Chubb Group in Asia Pacific. 23 December 2015
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AM Best has said it believes Solvency II equivalence in Bermuda, expected to come in force on January 1, 2016, will be a positive development for the market profile of Bermuda-domiciled entities, which is an important element of AM Best’s rating criteria. 23 December 2015
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Ironshore, the Bermuda-based insurer has appointed Anthony DeSantis as chief executive officer (CEO) of Wright & Co, a wholly-owned subsidiary in its US holdings group. 22 December 2015
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Insurance provider ACE has announced the leadership team it intends to appoint for the Boston region of the company’s North America field organisation. The appointments will be effective upon the acquisition of Chubb by ACE, which is expected in the first quarter of 2016. 22 December 2015
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Insurer ACE Group has launched a directors & officers (D&O) insurance cover for charities and not-for-profit organisations based in the UK & Ireland. 21 December 2015
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