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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

London Lancashire

Howard Hughes to acquire Vantage for $2.1bn

US investment firm strikes deal for Bermuda-based re/insurer

Bermuda Specialty

Vantage appoints Robb as chief financial officer

Former Somerset Re and Axa XL finance chief succeeds Todd Link

Bermuda Specialty

IQUW launches D&O, finpro and cyber lines in Bermuda

Re/insurer continues expansion of Bermuda platform

Bermuda Specialty

Beazley plans cyber ILS fund launch

Carrier plans joint venture with existing ILS provider as part of Bermuda build-out

London Bermuda

Beazley to launch Bermuda platform

London-listed carrier looks to target growth opportunities in cyber ILS and alternative risk transfer

London Lloyds

Everest Group appoints Habayeb as CFO

Former Corebridge Financial chief financial officer succeeds Mark Kociancic 

Bermuda Everest Re

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

Bermuda Property

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

Bermuda Specialty

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

Reinsurance Specialty

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

London Bermuda

IGI trims COR to 76.5% in Q3

Underwriting income climbs 25% to $51.4m in the three months to the end of September

Bermuda Casualty

Conduit Re books 8.5% premium growth

Bermuda-based reinsurer says premium growth expected to ‘moderate’ amid portfolio repositioning

Bermuda Reinsurance

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

Bermuda London

Conduit names Postlewhite CUO

Bermuda reinsurer hires McGill and Partners' head of capital solutions Stephen Postlewhite to oversee underwriting 

North America Bermuda

SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’

Scott Egan stresses role of A&H and surety business, and MGAs in managing volatility

Bermuda Reinsurance
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