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Bermuda showed its mettle
Alternative Risk Transfer
Eleven seasoned executives debated the industry’s response to the 2017 cat losses and how the relationship between ILS and traditional reinsurers continues to mature and evolve, at the annual Bermuda:Re+ILS roundtable in association with Markel Reinsurance held in Monte Carlo this week.   11 September 2018
Full steam ahead for ILS
Alternative Risk Transfer
The ILS sector has responded to the cat losses of 2017 and is now well positioned to develop from strength to strength, Justin Wallen, head of ILS, Guernsey, Artex Risk Solutions, tells Monte Carlo Today.   11 September 2018
Lancashire replaces Bermuda CUO, group chief actuary
Insurance
Specialty re/insurance provider Lancashire Holdings (LHL) has appointed James Irvine as the new chief underwriting officer (CUO) for Lancashire Insurance Company in Bermuda.   10 September 2018
News
PartnerRe is positive about the general outlook of the reinsurance market as it currently stands, according to president and CEO Emmanuel Clarke.   10 September 2018
Alternative Risk Transfer
The reinsurance market’s ‘new normal’ has become a reality, with the cyclical nature of rates likely gone for good, according to Kathleen Reardon, chief executive officer of Hamilton Re.   10 September 2018
Insurance
Some lines of business hit by severe losses such as the wildfires this year have already seen substantial rate increases—but this is the exception rather than the rule, Adam Szakmary, director of underwriting, Bermuda, at Hiscox Re & ILS, told Monte Carlo Today.   9 September 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) Investment Holdings has revealed a corporate restructuring to create a new division comprising of its US and European programme management businesses.   7 September 2018
Insurance
Bermuda-based re/insurer Sompo International Holdings is launching a global financial and professional lines platform encompassing insurance and reinsurance capabilities.   6 September 2018
Insurance
Bermuda-based Catalina Holdings has appointed Parri Spector director of mergers and acquisitions (M&A) and reinsurance transactions.   5 September 2018
Alternative Risk Transfer
Randall & Quilter Investment Holdings (R&Q) has completed a deal to reinsurer a portfolio of commercial auto liability risks for a US risk retention group (RRG).   4 September 2018

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