Bermuda
Latest insight from the international reinsurance club
Miller names Stubbings Bermuda chairman
Industry veteran will support Miller’s reinsurance and retrocession growth proposition in Bermuda
IGI approved for India GIFT City branch
New branch office will write facultative and specialty treaty reinsurance
Howard Hughes completes Vantage purchase
US investment group acquires Bermuda-based re/insurer for $2.1bn
Convex launches specialty MGA Kinetic
Kinetic Insurance Services will write complementary portfolio of business and provide access to ‘new and emerging markets’
Convex approved for second Lloyd’s syndicate
Syndicate 1987 will focus on long-tails lines, including casualty re/insurance, political risk and trade credit
SIGCo slams US government ‘coercion’ over $40m OPA90 claim
Settlement reached in protracted litigation over Oil Pollution Act 1990 compensation claim for a casualty that did not involve spillage of any oil
RenRe CFO and portfolio oversight chief to retire
Bob Qutub and Ross Curtis to retire at the end of the year
Pelagos cuts COR by 29 points in Q1
Former Fidelis Insurance Group swings profit as it books 86.6% combined ratio
Conduit Re increases GWP by 4.5% in Q1
Bermuda-based reinsurer’s growth was driven by casualty lines where premiums increased by 23%
SiriusPoint reports core income up 67% in first quarter
Bermuda-based carrier cuts combined ratio to 88.9% on the back of insurance premium growth and light catastrophe load
Hiscox Q1 premiums rise 10.2% on strong retail demand
Bermuda-based re/insurer reports ‘limited’ loss notifications from Middle East conflict
Axis continues to downsize cyber portfolio
Chief executive Vince Tizzio warns on cyber rate adequacy amid worsening risk environment
Mid-year renewals trending to ‘mid-teen’ reductions: RenRe
Bermuda-based group has already bound half its second-quarter business with increased demand for private placements
Lancashire grows insurance premiums in first quarter
Growth in marine, energy and US insurance premiums offset by lower reinsurance premiums
Everest returns to underwriting profit in Q1
Re/insurer’s combined ratio improves by 11.5 points to 91.2% in the first quarter as catastrophe losses tumble
Axis Capital underwriting profit climbs 15% in Q1
Bermuda-based carrier books $15m of losses from the Middle East
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