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Bermuda

Latest insight from the international reinsurance club

 

SiriusPoint taps Fidelis for global claims head

Turner to join Bermuda-based re/insurer from Fidelis

Bermuda SiriusPoint

Alternative capital ‘struggles to incorporate’ new technology

Insurance-linked securities companies do embrace new technology but have no way to co-ordinate efforts leading to a slower transaction cycle, Radix ILS chief, Hanni Ali, says

Bermuda Innovation

Axis to slow cyber reinsurance growth

Bermuda-based group will now be ‘highly selective and modest’ in its growth ambitions for the book as market conditions deteriorate, reinsurance chief executive says

Reinsurance Axis Capital

IQUW expands Bermuda reinsurance portfolio

Carrier adds mortgage, credit and cyber reinsurance lines to Bermuda platform 

Bermuda Cyber

Conduit Re promotes Hampton as CUO departs

Nick Pritchard to leave Bermuda-based reinsurer in February

North America Bermuda

Sompo acquires Aspen for $3.5bn

Acquisition of Bermuda-based re/insurer is part of the Japanese giant’s strategy to expand its P&C business outside the domestic Japanese market

Bermuda Japan

Lockton appoints Bond to lead Bermuda P&C

Broker hires Marsh executive to oversee Bermuda property/casualty clients 

Bermuda Property

Everest appoints Hay to board of directors

Former KPMG global head of insurance joins board of Bermuda-based re/insurer

Bermuda Specialty

Fidelis profits hit by aviation lessor court ruling

The re/insurer’s second-quarter combined ratio deteriorated to 103.7%, largely as a result of the recent English High Court ruling on stranded aircraft

Bermuda Reinsurance

Axis launches business for structured and multi-line capacity deals

Deals through Axis Capacity Solutions will be offered on both a facilitated and delegated basis

North America Bermuda

Aspen underwriting income surges 25% in Q2

Bermuda-based carrier posts improved combined ratios in both insurance and reinsurance segments

Bermuda Casualty

Lancashire execs Spence and Johnston to retire

Carrier makes string of promotions as John Spence and Hayley Johnston step down

Lancashire Bermuda

Lancashire to continue diversifying business: Maloney

Lancashire posted $109.2m in insurance profit, down almost 50% 

Bermuda Lloyds

Lancashire reports higher revenue and lower profits in H1

Chief executive, Alex Maloney, cites ‘challenging loss environment’

Bermuda Property

Brit posts slight rise in first-half profit

Specialty carrier’s discounted combined ratio increases 16 points to 87.4%

Bermuda Lloyds

Everest sees no impact yet from tariffs

Everest Group is becoming ‘more selective’ in some North America business, including property

North America Bermuda
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