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Bermuda’s financial regulator, the Bermuda Monetary Authority (BMA), registered 89 new insurance entities in 2014. 3 February 2015
News
Despite the wave of consolidation in the reinsurance industry at the moment, particularly affecting Bermuda players, the vast majority of market participants still believe that smaller, niche, players have a role to play, a survey has revealed. 2 February 2015
News
Bermuda-based Axis Capital and PartnerRe will need to pay a termination fee of $250 million if the $11 billion merger agreement falls through. 2 February 2015
News
Bermuda-based Validus Holdings posted a fall in profits for 2014, as losses in the third quarter took their toll. 30 January 2015
News
Bermuda-based Mt. Logan Re, Everest Re’s special purpose reinsurer, has strengthened its board of directors. 30 January 2015
News
Bermuda-based PartnerRe has confirmed that the January renewals were “extraordinarily competitive” and its renewal book shrank slightly. 29 January 2015
ILS
Bermuda is ready to fight to retain its top position for the creation, listing and servicing of insurance-linked securities (ILS) in 2015. 29 January 2015
ILS
The competitive stresses of the re/insurance market are driving increasing consolidation in the Bermuda market. 28 January 2015
News
Insurance services and investment company Randall & Quilter (R&Q) has acquired two Bermuda-based captives. 28 January 2015
News
Rating agencies have mixed views on PartnerRe’s and Axis Capital’s proposed merger, raising concerns over integration risks. 27 January 2015
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