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Bermuda

Latest insight from the international reinsurance club

 

Everest launches insurance business in Italy

The launch in Italy follows the Bermuda-based group’s recent expansion into other key international markets

Europe Casualty

Hamilton Re launches credit, bond and political risk reinsurance operation

The new operation will be led by Sergio Lottimore who joins from Validus Re

Bermuda Specialty

Aspen profit falls 41% in third quarter

Bermuda carrier’s quarterly combined ratio climbs 2.5 points to 95.2%

Bermuda Specialty

Results round-up: Fidelis and Maiden

Latest results from across the market

Bermuda Specialty

James River strikes $75m ADC with Enstar

Bermuda-based carrier takes further steps to protect US casualty book from adverse development as it swings to third-quarter loss

Bermuda Casualty

SiriusPoint shuffles chief underwriting office

Shapella promoted to chief underwriting officer as Govrin to focus on reinsurance 

Bermuda SiriusPoint

Catastrophe losses have put market ‘on notice’: IGI’s Jabsheh

Losses including hurricanes Helene and Milton serve as reminders of volatility in the market, Waleed Jabsheh says

Bermuda Property

Enstar shareholders approve $5.1bn acquisition by Sixth Street

Acquisition of legacy specialist now expected to close in mid-2025

Bermuda Legacy

Hiscox reports 3% ICWP premium growth but trims London book

London-listed group to reserve net loss of $75m for Hurricane Milton 

London Reinsurance

Conduit Re 9M premiums up 25%

Bermuda-based reinsurer books 'mid-90s' undiscounted combined ratio

Bermuda Reinsurance

Lancashire books 9% increase in 9M premiums

Specialty re/insurer says it expects net losses related to recent weather events to be between $110m and $140m

Bermuda London

Enstar acquires Bermudian reinsurer through ILS deal

Acquired business underwrote property reinsurance business from 2020 to 2023 on behalf of third-party investors

Bermuda Legacy

Antares Global unveils underwriting restructure

Global re/insurer forms retail and commercial divisions and launches UK-based insurer to write MGA business 

United Kingdom London

Arch Capital chief executive Grandisson retires

Bermuda-based re/insurer names Papadopoulo as new CEO

Bermuda Reinsurance

Enstar closes $400m LPT deal with SiriusPoint

Bermuda-based carrier reinsures book of workers’ compensation business covering underwriting years 2018 to 2023

Bermuda Legacy

Axa XL promotes Flanagan to head of P&C Bermuda

Carrier looks to grow Bermuda property insurance line with leadership appointment

Bermuda Axa
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