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Another catastrophe bond record was broken in the first quarter of 2015, with cat bond issuance reaching $1.7 billion. 16 April 2015
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Bermuda-based Ironshore has increased the capacity limits within its global property energy division to $35 million from $25 million. 15 April 2015
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Italian investment firm Exor has put in a $6.4 billion bid to acquire PartnerRe, potentially thwarting Axis Capital’s takeover plans. 15 April 2015
ILS
Insurance-linked securities (ILS) managers are expected to focus on new perils in emerging markets as the catastrophe bond market becomes saturated with interest. 14 April 2015
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Validus Re has made a number of underwriting promotions in its Bermuda office, strengthening the capabilities and breadth of its global reinsurance team. 14 April 2015
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The Bermuda Monetary Authority (BMA) has revealed that it reviewed twelve insurance-related registrations in March. 13 April 2015
News
Stuart Bridges, the chief financial officer at Hiscox, is set to depart from the company after 16 years of service. 13 April 2015
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A senior executive at Bermuda-based captive manager JLT Insurance Management has relocated to support the growth of the company’s US-based captive insurance business. 10 April 2015
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Fifth Step Bermuda is set to explore how failure to prepare for Solvency II could damage Bermudian companies’ ability to write re/insurance in the EU. 10 April 2015
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Merger and acquisition (M&A) activity will continue in 2015, with Asian insurers expected to be a driving force. 9 April 2015
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