Bermuda
Latest insight from the international reinsurance club
Arch positive on growth despite headwinds: Papadopoulo
Chief executive says ‘plenty of profitable opportunities remain’ amid tighter capacity and trade wars
Aspen earnings fall as carrier gears up for IPO
Bermuda-based re/insurer reports profits halved in the first quarter of the year as combined ratio climbs 9.5 points to 96.1%
Arch profits fall 28% in Q1 amid wildfire losses
Bermuda-based carrier books quarterly combined ratio of 90.1% as wildfire losses surpass $540m
Aspen targets $2.85bn valuation in IPO
Bermuda-based carrier launches initial public offering on New York Stock Exchange
AM Best revises SiriusPoint outlook to positive
Rating agency cites 'improved' balance sheet strength
RenRe ‘well placed’ for mid-year renewals: O’Donnell
Chief executive Kevin O’Donnell says reinsurance pricing ‘remains attractive’ with ‘ample latent demand’
Axis completes $3.1bn Enstar legacy deal
Bermuda-based carrier completes loss portfolio transfer primarily tied to pre-2022 casualty business
Markel restructures US and Bermuda insurance operations
US group looks to ‘simplify’ business with creation of wholesale & specialty and programmes & solutions divisions
Acrisure Re appoints Aon's Romeo as Bermuda head
Broker bolsters Bermuda presence with hire of former Aon senior executive Roman Romeo
Helix expands into professional lines
New professional lines offering covers directors’ and officers’ liability, errors and omissions, employment practices liability, wage and hour, transactional liability and cyber
Marsh launches CyberShore Bermuda excess cyber facility
New facility provides up to $30m of follow-form excess Bermuda capacity attaching anywhere above $75m
Latest Lloyd’s Lab entrants unveiled
New cohort of 11 firms include AI and climate-focused businesses
Los Angeles fires to pressure Bermuda reinsurer profits: Fitch
January fires will equal about 60% of last year’s total catastrophe losses, rating agency says
Fidelis names Strickle as group managing director
Executive will oversee integration of Bermuda-based specialty carrier’s actuarial, capital, underwriting and risk functions
Convex grows GWP to $5.2bn in 2024
Bermuda-based carrier books full-year underwriting profits of $381m, up 57% year-on-year
Trevor Carvey to step down as Conduit Re CEO
Executive to resign from Bermuda-based carrier owing to ‘change in personal circumstances’
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