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XL and Catlin will not have to pay a break fee, if the proposed $4.1 billion merger deal falls through. 20 January 2015
ILS
Bermuda-based Hiscox has said that assets under management in its Kiskadee insurance-linked strategies (ILS) funds have grown to over $400 million at January 1, 2015. 20 January 2015
News
Bermudian re/insurers will need to look at the potential of consolidation following XL Group’s $4.1 billion takeover of Catlin. 19 January 2015
News
Dermot O’Donohoe, the former chief executive officer (CEO) of Torus, has been appointed as CEO of Sportscover, Hamilton Insurance’s recently acquired Lloyd’s managing agent. 19 January 2015
ILS
Kane has made four new issuances on its Bermuda-based private insurance-linked securities (ILS) platform Kane SAC. 16 January 2015
News
A subsidiary of Bermuda-based run-off specialist Enstar Group has completed a loss portfolio transfer reinsurance transaction with Reciprocal of America. 16 January 2015
News
Athene, the Bermuda-based insurance holding company, will acquire the German subsidiary companies of Delta Lloyd, Delta Lloyd Deutschland (DLD) and its subsidiaries. 15 January 2015
ILS
As an insurance-linked securities (ILS) hub, Bermuda will benefit from another good year as (ILS) issuance is set to reach new heights in 2015. 15 January 2015
News
Validus, the Bermuda-based re/insurer, has deepened its footprint in the US following the opening of a new office in Boston. 14 January 2015
News
Bermuda-based Hiscox is set to acquire two businesses from insurance services and investment company Randall & Quilter (R&Q). 14 January 2015
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