Bermuda
Latest insight from the international reinsurance club
                    
                
                    
                Conduit names Postlewhite CUO
In his new role, Postlewhite will be responsible for overseeing portfolio performance across Conduit’s property, casualty and specialty segments
                    
                
                    
                SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’
Scott Egan stresses role of A&H and surety business, and MGAs in managing volatility
                    
                
                    
                The Fidelis Partnership launches second Lloyd’s syndicate
Syndicate 2126 will be backed by a three-year capacity deal with Blackstone
                    
                
                    
                SiriusPoint core income rises 15% in Q3
Bermuda carrier’s combined ratio rises 0.6 points to 89.1%
                    
                
                    
                Jamaica could see $1bn-plus in Melissa insured losses: Gallagher Re
Considerable uncertainty still surrounds losses, broker says, as hurricane heads for Bermuda
                    
                
                    
                Onex and AIG to acquire Convex in $7bn deal
Onex will reinvest as majority shareholder while AIG will take a new minority stake in Bermuda re/insurer
                    
                
                    
                Rating agencies adopt negative outlook on Everest
Moody’s and AM Best express worries about Bermuda-based group’s casualty reserves and new business plan
                    
                
                    
                Axis trims COR to 89.4% as Q3 profits rise
Bermuda-based carrier books third-quarter operating profit of $255m as insurance profits surge
                    
                
                    
                Starr to buy IQUW Group
Deal will create ninth-largest managing agency at Lloyd’s and provide US firm an entry into Bermuda reinsurance market
                    
                
                    
                S&P Global upgrades IGI rating to A
Rating agency cites carrier’s ‘strong track record’ and low combined ratios
                    
                
                    
                Insured losses could exceed $5bn as Melissa slams Jamaica
Low insurance penetration limits exposure, most of which will fall on reinsurers, analysts say
                    
                
                    
                Everest refocuses with renewal rights deal and $1.2bn reserve cover
Bermuda-based group sharpens insurance focus on global wholesale and specialty lines
                    
                
                    
                Everest Q3 profits halve amid US casualty reserve deterioration
Bermuda-based carrier adds $500m to US casualty reserves and inks $1.2bn adverse development cover
                    
                
                    
                Arch posts record Q3 operating income as reinsurance profits surge
Bermuda-based group benefits from low catastrophe losses and books 79.8% third-quarter combined ratio
                    
                
                    
                IQUW Bermuda names Mitchell CUO
Former Guy Carpenter managing director hired to support strategic expansion of group's Bermuda reinsurance operation
                    
                
                    
                Axis names head of US health reinsurance
Rasmussen joins Bermuda-based carrier after more than a decade at Voya
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