Articles
Insurance
Bermuda-based AXIS Capital Holdings estimated its pre-tax loss from California wildfires in the range of $125 million to $150 million. 20 December 2018
Alternative Risk Transfer
Bermuda will “keep on keepin’ on” and doing what it is doing when it comes to insurance-linked securities (ILS), says Greg Wojciechowski, chief executive officer of the Bermuda Stock Exchange. Here he looks back at 2018 and forward to 2019 as the jurisdiction continues to work hard to develop and keep its solid platform. 19 December 2018
Alternative Risk Transfer
Global insurance-linked securities (ILS) issuance volume rose significantly year over year in the third quarter of 2018, according to the latest Bermuda ILS Market Report by the Bermuda Monetary Authority. 19 December 2018
Alternative Risk Transfer
Bermuda-based RenaissanceRe Holdings and Dutch pension fund manager PGGM are launching a new property catastrophe reinsurer called Vermeer Reinsurance to provide capacity focused on risk remote layers in the US property catastrophe market. 18 December 2018
Insurance
Bermuda-based specialty re/insurer Argo Group International Holdings has appointed Matt Harris to lead the company’s international insurance operations, including the UK, Europe, Asia, the Middle East and Bermuda. 18 December 2018
Insurance
Zurich Insurance Group has agreed to sell its pre-2007 UK legacy employers’ liability policies portfolio to Bermuda-based specialist acquirer of legacy insurance portfolios Catalina Holdings. 17 December 2018
Insurance
Re/insurance broker BMS Group is building out its Bermuda market operation with the hiring of George Bowring from Price Forbes and Kian Wookey from JLT. 17 December 2018
Insurance
Bermuda-based AXIS Insurance, a unit of AXIS Capital Holdings has hired Andrew Maher as senior cyber underwriter, effective immediately. 13 December 2018
Insurance
Bermuda-based Enstar Group, Germany’s Allianz and investment firm Hillhouse have made equity investment commitments in aggregate of $470 million as part of a joint venture to Enhanzed Reinsurance, a Bermuda-based Class 4 and Class E reinsurer. 12 December 2018
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has extended the contract of president and CEO Albert Benchimol until Dec. 31, 2023. 12 December 2018
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