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Bermuda

Latest insight from the international reinsurance club

 

Mt Logan appoints Liew as chief analytics officer

Liew joins from RenaissanceRe, where he was portfolio analytics senior vice-president

North America Bermuda

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

Bermuda London

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

Bermuda Hiscox

ILS managers merge to create $8.5bn fund

Merger marks a ‘new era’ for insurance-linked investments, Twelve Securis’s chief executive says

International Switzerland

Conduit Re grows premiums 25% in 2024

Bermuda reinsurer reports a 24.8% rise in gross written premiums to $1.6bn in 2024, despite major catastrophe losses, including the California wildfires and hurricanes Helene and Milton

Bermuda Reinsurance

Hamilton Global Specialty names heads of space and treaty

Carrier promotes Mike Thorp to head of space and Chris Golder to head of treaty

Bermuda Hamilton

Duperreault's start-up Mereo launches

Bermuda-based reinsurer secures A- rating from AM Best 

Bermuda Reinsurance

Results round-up: Ark

Latest results from across the market

Bermuda Lloyds

Arch appoints Moczarski to board of directors

Former Marsh McLennan international chairman joins board of Bermuda-based group

Bermuda Reinsurance

Everest falls to $789m Q4 loss on reserve strengthening

Bermuda-based carrier estimates its California wildfire losses will be less than $450m

Bermuda Everest Re

Everest CEO pledges ‘aggressive action’ on US casualty after $1.7bn reserve charge

Williamson brands US casualty insurance performance ‘unacceptable’ as carrier undertakes account-by-account remediation programme

Bermuda Casualty

Everest discloses $1.7bn reserve strengthening

Bermuda-based carrier ‘fortifies’ US casualty reserves following actuarial review

Bermuda Casualty

Everest names Williamson as permanent CEO

Bermuda-based group confirms Jim Williamson as successor to Juan Andrade

Bermuda Everest Re

Everest names Williamson acting CEO as Andrade departs

Bermuda-based group promotes chief operating officer as Andrade exits for USAA

Bermuda Everest Re

Axis strikes $2.3bn legacy deal with Enstar

Loss portfolio transfer deal is primarily attributable to casualty business written during pre-2022 underwriting years

Bermuda Legacy
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