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Insurance
XL Catlin reshuffles reinsurance leadership roles for Bermuda and London
XL Catlin has made a number of key leadership changes for its reinsurance operations in Bermuda and London.   9 December 2016
Insurance
Ironshore deal will boost Liberty Mutual in strategic markets, say rating agencies
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer.   6 December 2016
Insurance
Rating agencies positive on Ironshore deal; could resolve financial concerns
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer.   6 December 2016
Insurance
Hiscox Re CEO steps down to continue London role; successor is named
Hiscox, a specialist global insurer, has appointed Michael Krefta as CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, effective Aug. 1, 2017.   1 December 2016
Insurance
AXIS Capital committed to aviation expansion despite tough market conditions
AXIS Capital has decided to acquire aviation re/insurer Aviabel, underscoring its long-term commitment to the aviation market despite significant pricing pressure.   30 November 2016
Insurance
Sompo raises 2018 profit outlook on domestic business and Endurance acquisition
Japan’s Sompo has raised its 2018 profit target, driven by a good performance of its domestic business as well as expectations on the agreed acquisition of Bermuda-based Endurance.   25 November 2016
Insurance
Hiscox names COO of UK and Ireland
Specialist global insurer Hiscox has promoted Juan de Castro to the position of chief operating office for Hiscox UK and Ireland, based in London.   24 November 2016
Insurance
Insurance industry hopeful of UK gov ILS draft introduction framework
The UK government has revealed a draft publication of the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which will allow London to compete with reinsurance hubs like Bermuda.   24 November 2016
Insurance
Hamilton adds tech veteran to its board to drive innovation
Bermuda-based holding company Hamilton Insurance Group has strengthened its board of directors with the appointment of Mark Barrenechea, a Silicon Valley veteran who the company said will drive innovation through his data science and analytics expertise.   18 November 2016
Insurance
Losses shrink in Scottish Re’s closed book of business
Scottish Re Group, which placed its reinsurance business into run-off in 2008, reported a comprehensive loss in the third quarter of 2016, although a substantially smaller loss compared to the same period in 2015.   17 November 2016

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