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Bermuda

Latest insight from the international reinsurance club

 

BMS names Tigleanu head of cyber strategy

Broker hires senior underwriter from Munich Re to spearhead development of new products 

Bermuda Cyber

Mosaic adds litigation liability coverage

Bermudian insurer hires litigation solicitor Sarah Bowden to lead new product line

International Bermuda

Ariel Re bullish on property catastrophe after capital injection

The Bermuda-based carrier is adhering to its investor mandate of ‘strict, discerning and vigilant’ underwriting of risk, says Joel Willens, head of international property reinsurance

Bermuda Property

PartnerRe profits lifted by fewer cat losses

Bermudian reinsurer books 23% rise in Q4 operating income to $370m as combined ratio falls to 75.3%

Bermuda PartnerRe

Arch leads Bermuda carriers on attritional performance

Axis Capital and Everest Re achieved the greatest improvement in underlying performance last year, Insurance Day's analysis finds

Bermuda Arch Capital

Catastrophe losses of $100bn a year are the 'new normal'

Bermudian re/insurer Aspen’s chief underwriting officer, Christian Dunleavy, discusses climate change, the trend towards annual contracts to help manage exposures and the forthcoming reinsurance renewals 

Bermuda Aspen

Reinsurance market capacity imbalance 'getting worse'

Tough conditions for cedants will persist at forthcoming renewals with ‘a lot of latent demand’ for cover and little new capacity, property and specialty carrier IQUW’s head of reinsurance says

Bermuda Lloyds

Maiden swings to Q4 underwriting loss

Bermudian group books fourth-quarter underwriting loss of $35.5m on the back of losses in its AmTrust reinsurance segment and adverse loss development in legacy contracts 

Bermuda Reinsurance

IGI completes acquisition of Norway energy MGA

Acquisition of Energy Insurance Oslo will enable IGI to broaden its presence in the Nordic markets beyond energy and construction business

Norway Energy

Flexibility over claims handling will boost legacy market: Aon

Run-off market has reached it fourth and best stage yet, Aon’s Barry Gale says, and there are already signs of a fifth iteration

International Bermuda

Pool Re should be replicated for other forms of systemic risk: Catlin

Speaking to Insurance Day, the executive chair of Convex calls for the creation of cyber, pandemic and climate risk versions of the UK government-backed terrorism reinsurer

Bermuda Cyber

Casualty has 'returned to business as usual'

President of excess casualty at Axa XL says he is glad casualty has fallen off the list of hot topics

Bermuda Casualty

Bermuda seeks to accelerate insurtech growth

Bermuda Business Development Agency chief executive underscores the island’s talent for innovation

Bermuda Insurtech

Hiscox Re & ILS is ‘leaning in’ to the hard market: Reardon

The chief executive of Hiscox’s reinsurance and insurance-linked securities division discusses the carrier’s three-pronged approach to capital, the January 1 renewals and the challenge of cyber ILS

Bermuda Hiscox

Aspen appoints Altmaier as non-exec

Former Florida insurance commissioner to join the Bermuda-based carrier’s board

Bermuda Aspen

AI will 'soon be everything, everywhere, all at once'

Within the next five years, every company will be an AI company, or face being squeezed out by those that are, Sands Capital Ventures managing partner predicts

Bermuda Insurtech
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