Bermuda
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
Arch names Smith managing director for Bermuda
Senior vice-president promoted following retirement of incumbent Tony Hay
Aon appoints Nichols global reinsurance clients leader in Bermuda
Global broker expands global reinsurance clients practice with senior Aeolus hire
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
Axis names Beaudoin as head of partnership office
Former Hartford executive will guide the implementation of Bermuda-based carrier’s enterprise-wide transformation initiatives
Hay steps down as Arch Bermuda head
Executive has led the specialty insurance unit of Arch Capital for five years
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
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
Hurricane Lee prompts tropical storm watch in Bermuda
Storm could generate tropical storm conditions for the island by September 14
ReFlex set to invest in London broker
Venture aims to ‘redefine’ the distribution infrastructure from US and international markets into London
Prudential and Warburg Pincus launch life reinsurer Prismic
Bermuda-based reinsurer launches with $1bn initial equity investment
Convex names Simons Bermuda CEO
International specialty re/insurer also promotes Chandler to group deputy CUO for reinsurance
Hiscox Re & ILS names Barker chief technology officer
Barker joins specialist carrier from Reinsurance Group of America
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
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
Everest taps AIG for top actuary
Melissa McDermott appointed global chief actuary of Everest Insurance
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