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Insurance
Bermuda-based Qatar Insurance Company (QIC) continues expanding the business to become a “global top 50 insurance group” despite a challenging 2017. 24 January 2018
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Alternative Risk Transfer
Bermudian PartnerRe has revealed a £725 million longevity reinsurance agreement with UK-based specialist insurer Pension Insurance Corporation (PIC). 23 January 2018
Insurance
American International Group (AIG) is taking over Validus in order to diversify the business into reinsurance and to add a Lloyd’s syndicate, management suggested in a Jan. 22 conference call discussing the deal. 22 January 2018
Insurance
American International Group (AIG) CEO Brian Duperreault makes his first major move to reshape AIG and position it for profitable growth. 22 January 2018
Alternative Risk Transfer
American International Group (AIG) has entered into a definitive agreement to acquire all outstanding common shares of Bermuda-based Validus Holdings. 22 January 2018
Insurance
Specialty re/insurer Canopius has hired Victoria Phillips as an energy underwriter from Marsh, based in Singapore. 22 January 2018
Insurance
RenaissanceRe Ventures, a subsidiary of Bermuda-based re/insurer RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding in run-off consolidator Catalina. 19 January 2018
Insurance
The Bermuda Monetary Authority (BMA) has warned about the risks involved when companies raise funds through cryptocurrencies such as bitcoin. 18 January 2018
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