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Latest insight from the international reinsurance club


R&Q posts H1 loss on adverse legacy development

Specialty insurer reports strong performance in its programme management business but losses rise in legacy arm

Bermuda Specialty

Arch names Smith managing director for Bermuda

Senior vice-president promoted following retirement of incumbent Tony Hay

Bermuda Specialty

Aon appoints Nichols global reinsurance clients leader in Bermuda

Global broker expands global reinsurance clients practice with senior Aeolus hire

Bermuda Aon

Bermuda and UK industry associations agree to co-operate on climate and cyber risk

Memorandum of understanding between the ABIR and ABI aims to co-ordinate the associations’ approach to key issues

United Kingdom Bermuda

Axis names Beaudoin as head of partnership office

Former Hartford executive will guide the implementation of Bermuda-based carrier’s enterprise-wide transformation initiatives

Bermuda Axis Capital

Hay steps down as Arch Bermuda head

Executive has led the specialty insurance unit of Arch Capital for five years

Bermuda Arch Capital

Facultative cover being used 'strategically': Everest’s Izzo

Bermuda-based carrier’s facultative and hybrid business set for growth as global client initiative boosts distribution

Bermuda Everest Re

Conduit Re happy with XoL and QS balance

Pure-play treaty reinsurer would consider building on its June debut in catastrophe bonds, chief executive says

Bermuda Specialty

Hurricane Lee prompts tropical storm watch in Bermuda

Storm could generate tropical storm conditions for the island by September 14

Bermuda Property

ReFlex set to invest in London broker

Venture aims to ‘redefine’ the distribution infrastructure from US and international markets into London

Bermuda London

Prudential and Warburg Pincus launch life reinsurer Prismic

Bermuda-based reinsurer launches with $1bn initial equity investment

Bermuda Reinsurance

Convex names Simons Bermuda CEO

International specialty re/insurer also promotes Chandler to group deputy CUO for reinsurance

Bermuda People moves

Hiscox Re & ILS names Barker chief technology officer

Barker joins specialist carrier from Reinsurance Group of America

Bermuda Hiscox

US and Bermuda reinsurers improve underwriting results

Sector’s composite accident-year combined ratio improved by 7.5 points in 2022 to 94.7%, according to AM Best

North America Bermuda

Arch Re promotes Doughty and Soares to top underwriting roles

Reinsurer appoints Doughty to lead property underwriting and Soares as casualty and specialty underwriting chief

Bermuda Reinsurance

Everest taps AIG for top actuary

Melissa McDermott appointed global chief actuary of Everest Insurance

Bermuda Everest Re
See All