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
Lancashire grows insurance premiums in first quarter
Growth in marine, energy and US insurance premiums offset by lower reinsurance premiums
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
Axis Capital underwriting profit climbs 15% in Q1
Bermuda-based carrier books $15m of losses from the Middle East
Arch Q1 profits bounce back to $933m
Bermuda re/insurer’s underwriting profit climbs 75% in first quarter of the year
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%
Conduit Re chief financial officer to retire
Elaine Whelan is the latest senior executive to depart the Bermuda-based reinsurer
AM Best upgrades SiriusPoint ratings to A
Ratings agency cites disciplined underwriting, portfolio de-risking and reduced catastrophe exposure behind the move
Hamilton launches $300m casualty sidecar
Bermuda firm partners with Sixth Street on first casualty sidecar
Pine Walk launches capital solutions business Mezura Capital
Bermuda-based venture will provide structured and retrospective solutions
Hiscox plans wider roll-out of AI underwriting
Firm to extend AI-enhanced underwriting to all open market lines within its London market business
Axis confirms Kirk as chief financial officer
Former Enstar executive Matthew Kirk succeeds Peter Vogt
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
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
Starr completes purchase of IQUW Group
Transaction creates ninth-largest Lloyd’s managing agency and provide US firm an entry into Bermuda reinsurance market
The Fidelis Partnership premiums rise to $5.4bn in 2025
Expansion of Lloyd’s platform drives growth at Bermuda-based underwriting group
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