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Bermuda

Latest insight from the international reinsurance club

 

Mid-year renewals trending to ‘mid-teen’ reductions: RenRe

Bermuda-based group has already bound half its second-quarter business with increased demand for private placements

Reinsurance Property

Lancashire grows insurance premiums in first quarter

Growth in marine, energy and US insurance premiums offset by lower reinsurance premiums

Reinsurance Bermuda

Everest returns to underwriting profit in Q1

Re/insurer’s combined ratio improves by 11.5 points to 91.2% in the first quarter as catastrophe losses tumble

Reinsurance Everest Re

Axis Capital underwriting profit climbs 15% in Q1

Bermuda-based carrier books $15m of losses from the Middle East

Reinsurance Bermuda

Arch Q1 profits bounce back to $933m

Bermuda re/insurer’s underwriting profit climbs 75% in first quarter of the year

Bermuda Arch Capital

RenRe Q1 profits surge on lower catastrophe losses

Bermuda-based reinsurer reports first quarter operating income of $590.5m with a combined ratio of 73%

RenaissanceRe Reinsurance

Conduit Re chief financial officer to retire

Elaine Whelan is the latest senior executive to depart the Bermuda-based reinsurer

Reinsurance People moves

AM Best upgrades SiriusPoint ratings to A

Ratings agency cites disciplined underwriting, portfolio de-risking and reduced catastrophe exposure behind the move

Bermuda SiriusPoint

Hamilton launches $300m casualty sidecar

Bermuda firm partners with Sixth Street on first casualty sidecar

Reinsurance People moves

Pine Walk launches capital solutions business Mezura Capital

Bermuda-based venture will provide structured and retrospective solutions

Bermuda Distribution

Hiscox plans wider roll-out of AI underwriting

Firm to extend AI-enhanced underwriting to all open market lines within its London market business

Technology Hiscox

Axis confirms Kirk as chief financial officer

Former Enstar executive Matthew Kirk succeeds Peter Vogt

Bermuda Axis Capital

Pinion taps Aspen’s Jones for CFO as build-out continues

Newly launched specialty insurer hires Aspen Insurance executive Chris Jones to lead its finance function

Specialty People moves

Catlin stands down as Convex chairman

Re/insurer's co-founder to remain on company's board as life president, as Onex's Bobby Le Blanc appointed chairman

Bermuda Convex

Starr completes purchase of IQUW Group

Transaction creates ninth-largest Lloyd’s managing agency and provide US firm an entry into Bermuda reinsurance market

Mergers and Acquisitions Lloyds

The Fidelis Partnership premiums rise to $5.4bn in 2025

Expansion of Lloyd’s platform drives growth at Bermuda-based underwriting group

Lloyds London
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