
Bermuda
Latest insight from the international reinsurance club

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’

Taranto to step down as Everest chairman
Global Atlantic Financial Group vice-chair, John Graf, to succeed Joseph Taranto in May

Argo names Donahue as CEO as Buss departs
Bermuda-based specialty insurer promotes chief financial officer to top role

SiriusPoint climbs 8% in positive week for insurance stocks
Bermudians lead the risers, as re/insurance stocks enjoy some respite from Trump tariff volatility

PartnerRe non-life underwriting profits tumble in 2024
Bermuda-based reinsurer’s underwriting result halves to $532m in the wake of catastrophe losses and reserve strengthening

Parametric nat cat platform Mythen launches
AI-powered managing general underwriter Mythen offers hurricane cover, backed by Texas carrier and Bermuda reinsurer

Everest appoints Howard as independent non-executive director
Former Truist Insurance chief executive joins board of Bermuda-based re/insurer

Lancashire COR climbs to 89.1% as major losses double
London-listed specialty re/insurer reports pre-tax profit increased slightly to $337m

Mt Logan appoints Liew as chief analytics officer
Liew joins from RenaissanceRe, where he was portfolio analytics senior vice-president

Hiscox London Market to return to growth in 2025: CEO
Aki Hussain says favourable market conditions and new products will drive growth this year after division shrank in 2024 amid casualty cycle management and space exit

Results round-up: Hamilton, Skyward Specialty and Amerisafe
Latest results from across the market

Hiscox books record full-year profit of $685m
Profits in London market business decline 18% in 2024 as division bears brunt of carrier's $1.6bn claims bill
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.