Bermuda
Latest insight from the international reinsurance club
S&P Global Ratings upgrades Lancashire to A
London-listed re/insurer’s expanded product mix and geographic reach have strengthened its earnings and portfolio resilience, rating agency says
Howard Hughes to acquire Vantage for $2.1bn
US investment firm strikes deal for Bermuda-based re/insurer
Vantage appoints Robb as chief financial officer
Former Somerset Re and Axa XL finance chief succeeds Todd Link
IQUW launches D&O, finpro and cyber lines in Bermuda
Re/insurer continues expansion of Bermuda platform
Beazley plans cyber ILS fund launch
Carrier plans joint venture with existing ILS provider as part of Bermuda build-out
Beazley to launch Bermuda platform
London-listed carrier looks to target growth opportunities in cyber ILS and alternative risk transfer
Everest Group appoints Habayeb as CFO
Former Corebridge Financial chief financial officer succeeds Mark Kociancic
Aviation overcapacity driven by ‘hope’ of market turn: Fidelis
Bermuda-based carrier’s chief executive, Daniel Burrows, says rates must rise significantly for ‘challenged’ class to be a growth area
Fidelis Q3 underwriting profit climbs 57% as COR trimmed to 79%
Bermuda-based group books third quarter operating profit of $126.8m, as lower catastrophe losses boost underwriting result
Reinsurance a ‘bright spot’ for IGI: Jabsheh
IGI's Waleed Jabsheh says the reinsurance segment continues to be the best-performing part of its business, with political violence, cyber and aviation performing particularly well
Hiscox to accelerate roll-out of AI-enhanced underwriting
AI technology is creating new growth opportunities and increasing productivity within the group’s London market business, chief financial officer Paul Cooper says
IGI trims COR to 76.5% in Q3
Underwriting income climbs 25% to $51.4m in the three months to the end of September
Conduit Re books 8.5% premium growth
Bermuda-based reinsurer says premium growth expected to ‘moderate’ amid portfolio repositioning
Marine and aviation support Lancashire 9M premium growth
Chief executive Alex Maloney says pricing remains ‘healthy’ as London-listed specialty carrier’s gross written premiums climb 7.4% to $1.8bn in first nine months of the year
Conduit names Postlewhite CUO
Bermuda reinsurer hires McGill and Partners' head of capital solutions Stephen Postlewhite to oversee underwriting
SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’
Scott Egan stresses role of A&H and surety business, and MGAs in managing volatility
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