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Re/insurance
With the Bermuda market’s 2012 annual results in and tallied up, we spoke with Moody’s and Standard & Poor’s about successes achieved in 2012, strategies for future growth and developing investor appetite. 9 April 2013
Re/insurance
Sidecars are once more back in vogue, with a number of Bermuda markets deploying capacity in recent months. Bermuda Re examines the latest crop and asks is it opportunity or strategy? 9 April 2013
News
Improved underwriting results and lower levels of international cat losses helped paint a healthier picture for 2012, although a flat investment environment and US losses took the gloss off what would otherwise have been a good year. 9 April 2013
ILS
Citizens has used its Bermuda-based SPI to close a new $250 million, three-year capital market risk transfer programme. The deal follows in the footsteps of its record-breaking Everglades Re issuance of last year. 9 April 2013
News
Enstar announced that it has completed the acquisition of the Household Insurance Group Holding Company of HSBC Insurance Company of Delaware. 9 April 2013
News
Cheryl Packwood, chief executive officer and deputy chairman of Business Bermuda, announced has her retirement from the organisation. 8 April 2013
News
Torus has announced that it has received approval from the UK Financial Services Authority and Lloyd’s to launch a managing agency, Torus Underwriting Management Limited - TUML. 5 April 2013
News
AIR Worldwide announced the availability of Public Risk Services, a new consulting service available to public sector institutions and stakeholders charged with managing catastrophe risk. 5 April 2013
ILS
A report by Willis Re has found that $35 billion of additional capital is currently flowing into the reinsurance space, with the trend set to accelerate. 4 April 2013
ILS
The Turkish Catastrophe Insurance Pool (TCIP) has opted to establish a Bermuda-domiciled SPI to host its latest ILS bond, which will provide multi-year coverage for Turkish earthquake risk. 4 April 2013
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