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Bermuda-based fund administrator, ILS Fund Services, has reached a major milestone with its assets under administration exceeding $3 billion for the first time. 6 March 2015
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The long-term implications of the Platinum/RenRe deal should be positive despite no immediate increase in share price largely due to the wider competitive conditions in the reinsurance market, according to one analyst. 6 March 2015
News
Sandell Asset Management has sponsored the launch of Sandell Re, a Bermuda based reinsurance company that can invest in the firm’s global event driven investment strategy and the most recent reinsurer to begin operating on the Multi-Strat Re platform. 5 March 2015
News
Companies dealing with large amounts of data could save hundreds of thousands of dollars by fine tuning their custom software to increase processing speed, according to a leading Bermuda based technology specialist. 5 March 2015
ILS
A Bermuda-based global reinsurer has appointed the former head of asset management of Bermuda Commercial Bank, Lola Myshketa, as executive vice president. 5 March 2015
Life
The protracted, public and often messy attempted aggressive takeover of Aspen by Endurance again highlighted the way in which a scheme of arrangement can potentially be used to force through such a deal. Bermuda:Re+ILS explores whether the use of this tactic could become more commonplace. 4 March 2015
News
Bermuda based run-off specialist Enstar has reported a major turnaround in year pro forma net earnings of $4.3 million, compared with a net loss of $74 million in 2013 for Torus, its active underwriting operation. 4 March 2015
News
Global Atlantic Financial Group’s primary reinsurance company, Commonwealth Re, and its affiliates, have broken the $25 billion mark in block transactions. 4 March 2015
News
The Bermuda Monetary Authority revealed its 2015 plans at an executive briefing held recently at the Fairmont Hamilton. 4 March 2015
News
Bermuda-based Enstar posted a strong set of results for 2014, despite losses stemming from the restructuring of its subsidiary Torus Insurance. 3 March 2015
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