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Insurance
PartnerRe has taken an important step to boost its life and health footprint by acquiring Aurigen, a North American life reinsurance company. 21 October 2016
Insurance
Ironshore International has developed the language capabilities of its mergers & acquisitions (M&A) unit with insurance documents provided in Mandarin. 21 October 2016
Insurance
Bermuda-based Somerset Reinsurance has increased its common share capitalization to $375 million having secured investments from three strategic investors including Hannover Re and a diverse group of high net worth investors. 21 October 2016
Insurance
AXIS PRO, a professional lines division of AXIS Insurance, has partnered with cybersecurity ratings provider BitSight to make security ratings available to certain AXIS policyholders, in an effort to reduce their cyber risk. 18 October 2016
Insurance
The reinsurance market will bear the brunt of insured losses from damage on Bermuda caused by Hurricane Nicole, according to a briefing by AM Best. 17 October 2016
Insurance
Catastrophe modeling firm AIR Worldwide has confirmed that Hurricane Nicole was the strongest storm to impact Bermuda since Hurricane Fabian in 2003. 17 October 2016
Insurance
The Bermuda Business Development Agency (BDA) and other business bodies including the Association of Bermuda Insurers and Reinsurers have praised the resilience of Bermuda and the speed with which much of its critical infrastructure reopened in the aftermath of Hurricane Nicole. 17 October 2016
Insurance
The unique set of forces driving Asian companies to acquire insurers and reinsurers with a global reach shows little sign of abating and will lead to more mergers & acquisitions (M&A) in the future, analysts have told EAIC Today. 12 October 2016
Insurance
The president of international insurance and global COO at Aspen Insurance, Ann Haugh, will be stepping down from her role and leaving the company. 11 October 2016
Insurance
Catalina Holdings UK, a wholly-owned subsidiary of Catalina Holdings (Bermuda), has completed its acquisition of AGF Insurance from a subsidiary of Allianz. 11 October 2016
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