Bermuda
Latest insight from the international reinsurance club
Fidelis Partnership hires Somerville as head of ceded re
Bermuda-based MGU appoints Douglas Somerville from Howden Re to oversee capacity and ceded reinsurance
Convex books first full-year profit on strong underwriting result
Bermuda-based carrier reports combined ratio of 89.6% in 2023 as gross written premiums climb 39% to $4.2bn
James River completes sale of JRG Re
Sale of casualty reinsurance unit to Fleming Intermediate Holdings ends weeks of dispute between the two parties
Aspen launches collateralised casualty re/insurer
Pando Re will participate in Aspen's casualty, global professional lines and cyber insurance and casualty reinsurance business lines
R&Q shares plunge amid warning of 'significant' full-year loss
Legacy and programme management firm flags reserve deterioration and rising costs from sale of Accredited business
Axis Global Markets underwriting head Robson to retire
Alistair Robson to step down after 13 years with the Bermuda-based carrier
Aspen’s Q4 income jumps 41%
A rise in investment income and a deferred tax benefit offset a slight downturn in underwriting income
Fidelis approved for new Lloyd's syndicate
Syndicate 3123 aims to expand access to businesses and write risks for more clients, MGU says
Everest expands Williamson's role
Bermuda-based group widens remit of chief operating officer and head of reinsurance, Jim Williamson, to include insurance underwriting
PartnerRe full-year profits surge 73%
Bermuda-based re/insurer posts operating profit of $1.4bn on the back of lower catastrophe losses and continued growth of its specialty business
Climate change to drive capital into reviving ILS market
ILS will continue to attract specialised investors, but cannot prevent some risks becoming uninsurable, experts say
Bermuda reinsurers achieve lowest combined ratio in a decade: Fitch
Head of reinsurance ratings at Fitch unveils outlook for re/insurers, from private equity ownership to the impact of artificial intelligence
Axis names Freeman as head of ILS
Bermuda-based carrier promotes Kyle Freeman to lead its insurance-linked securities development
Insurance regulators must plan for a catastrophic event: FIO’s Seitz
Federal Insurance Office director highlights the ways re/insurers must address terrorism, cyber and climate risk
Legacy insurance has evolved far beyond money for old rope
Re/insurers are becoming more proactive in managing retrospective risk, industry experts say
SiriusPoint launches E&S programme platform with NIP
New platform will support NIP’s portfolio of programmes, starting with its national insurance programme for landscapers
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