News
News
Insurer ACE has seen a tough third quarter as its net profits and gross written premiums deteriorated. 24 October 2014
ILS
The recent rise in the use of indemnity trigger transactions within the ILS market is likely to continue, Michael Madigan, a partner in the insurance practice, and head of the property and casualty alternative risk transfer practice in New York, at law firm Sidley Austin, says. He talks to Bermuda:Re+ILS about what’s driving this trend and warns of the perils of making a snap decision. 23 October 2014
ILS
ILS Bermuda has confirmed Bermuda Convergence 2014 will proceed as planned, despite Bermuda being battered by Tropical Storm Fay and Hurricane Gonzalo within the period of a week. 23 October 2014
News
QBE Re, the reinsurance arm of insurer QBE, will launch operations in Bermuda at the beginning of 2015. 23 October 2014
News
Catastrophe modelling firm AIR Worldwide has estimated that insured losses in Bermuda from Hurricane Gonzalo will range between $200 million and $400 million. 23 October 2014
News
Everest Re, the Bermuda-based reinsurer, has seen its reinsurance book grow in the third quarter of 2014. 23 October 2014
Life
Europe continues to present opportunities for Bermudan reinsurers, but only if they are prepared to knuckle down for the long haul, demonstrate their commitment to the region and take a flexible approach to addressing client needs. Bermuda:Re+ILS reports. 22 October 2014
ILS
Overall, 72 percent of outstanding cat bond principal is exposed to US hurricane risk, and 48 percent to US earthquake risk. But does a large industry loss necessarily translate to large losses for investors? Rhodri Lane and Adil Imani give their view. 21 October 2014
News
Bermuda-based XL Group has appointed Rowley Higgs as mergers & acquisitions (M&A) underwriter to support the expansion of the business. 21 October 2014
Re/insurance
Establishing a foothold in the European market can be lucrative for Bermudan reinsurers, but it is also a long and painstaking task, Bill Miller, KPMG Bermuda’s head of actuarial, tells Bermuda:Re+ILS. 20 October 2014
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