It seems that sidecars are back in vogue in the Bermuda market, with Alterra, Argo, Lancashire, RenaissanceRe and Validus all launching or ramping up sidecars in recent weeks. 13 January 2013
Despite troubling global economic conditions, AM Best’s latest Global Reinsurance Outlook paints a stable picture for the reinsurance sector in 2013 and argues that it is well-positioned to ride out the ongoing crisis. 10 January 2013
Argo is the latest re/insurer to enter the sidecar space, announcing on Monday the establishment of the group’s first sidecar, Harambee Re 2013-1. 10 January 2013
In its annual renewals review—this year entitled The route of profitable growth—Guy Carpenter highlighted capital management as one of the key means to drive growth in the re/insurance market. 10 January 2013
Speaking at the World Economic Forum, John Drzik, CEO of the Oliver Wyman Group, argued growing debt levels resulting from the financial crisis, are weakening the ability of governments to respond to catastrophic events. 10 January 2013
After 14 years in power, Bermuda’s Progressive Labour Party (PLP) was defeated in this week’s election by the One Bermuda Alliance (OBA), which will form the new government under its leader Craig Cannonier. 30 December 2012
Allied World Assurance Company (AWAC) announced on Wednesday that it has acquired a minority stake in Aeolus Capital Management as it expands its Allied World Financial Services. 20 December 2012
