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As competitive pressures remain in the reinsurance market, only reinsurers which adapt or evolve will survive. 28 August 2015

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Aspen hires programmes head for US division

Aspen Insurance, which has its head office in Bermuda, has appointed a new executive vice president of programmes for its US business. 27 August 2015

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Endurance rebrands Lloyd’s Syndicate 5151

Bermuda-based property and casualty insurance firm Endurance has rebranded the Lloyd’s platform it obtained as part of its acquisition of fellow Bermuda firm Montpelier Re. 27 August 2015

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ABIR praises Louisiana Department of Insurance over Hurricane Katrina handling

Bradley Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers (ABIR), has praised the Louisiana Department of Insurance and Insurance commissioner James Donelon for the improvements made to the Louisiana home insurance market 10 years after Hurricane Katrina. 26 August 2015

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Cyber risk now a big cause for concern in Bermuda

Cyber risk has emerged from nowhere to be ranked as the number three most worrying risk in Bermuda for re/insurance industry professionals. 26 August 2015

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Argo Group unit launches new D&O platform

ArgoGlobal, part of the Bermuda-based Argo Group, has launched a new underwriting platform offering directors and officers liability (D&O) products. 25 August 2015

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Rate reductions may be starting to slow: Fitch

Bermuda’s reinsurers will welcome the findings of a recent report by Fitch that suggests rates may be flattening out after several years of declines, in part driven by a waning of the level of alternative capital entering the market. 25 August 2015

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Canopius confirms Switzerland move; denies job losses

Canopius has confirmed that its Bermuda-based holding company will move its head office to Switzerland as part of a wider restructuring revealed by its parent company Sompo Japan Nipponkoa Holdings in January this year. 24 August 2015

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Amlin reports solid growth in H1, despite tough market conditions

Re/insurer Amlin, which has a big presence on Bermuda, has reported a slight dip in profits in the first half of 2015, compared with the same period last year. 24 August 2015

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Beechwood appoints CFO

Beechwood has hired a former Aquiline Capital Partners executive as chief financial officer of its group of companies. 21 August 2015

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