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The Guy Carpenter Asia Pacific Climate Impact Centre, a joint study conducted annually by Guy Carpenter and City University Hong Kong, linked rising ocean temperatures with increased tropical cyclone activity. 28 May 2013
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David Cash has left Endurance after three years as CEO, effective immediately, to be replaced by former Axis president and CEO John Charman. 28 May 2013
News
Following a review for possible downgrade initiated on April 3rd, Moody’s Investor Service has downgraded Bermuda’s government bond rating and placed a negative outlook on the rating. 24 May 2013
News
The Hon. Craig Cannonier, the Premier of Bermuda, has said the island’s regulatory regime is committed to remaining flexible and competitive to make certain it remains the jurisdiction of choice for both the captive industry and the international re/insurance industry. 23 May 2013
News
XL Group recently announced it had established a binder relationship with Cobalt Underwriting, an underwriting agency specifically created to provide Shariah compliant commercial insurance and reinsurance products. 23 May 2013
News
According the Property Claims Service at Verisk Analytics the impact of the event is too soon to characterize, but the single event on its own will not move the re/insurance market. 23 May 2013
News
AM Best has revised the negative outlook it had placed on PartnerRe to stable, following a strong performance in 2012. The year was in marked contrast to 2011 when the company—like much of the industry—was hit by significant cat losses. 22 May 2013
News
Endurance, a specialty provider of property and casualty insurance and reinsurance, has assembled an excess and surplus lines excess casualty team to join the company. 21 May 2013
News
According to an interactive terrorism risk map produced by Aon Risk Securities, the threat of terrorism is alive and well in 2013. 20 May 2013
ILS
Sirius, the Bermuda-based reinsurance unit of White Mountains, has formed a dedicated team to lead strategic initiatives in the ILS and reinsurance capital markets convergence area. 17 May 2013
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