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Sirius International Group, the Bermuda-based reinsurance unit of White Mountains Insurance Group, has formed a dedicated team to target the Insurance Linked Securities (ILS) reinsurance capital markets convergence arena.   15 May 2013
News
Bermuda-based insurance asset manager, Pillar Capital Holdings, has appointed Jeff Franklin as senior vice president and portfolio manager.   3 May 2013
Insurance
Kane, the independent insurance manager, has announced the formation of Kane LPI Solutions as fund administrator for the company’s life, pension and investment (LPI) administration activities.   1 May 2013
Insurance
US insurer Allstate has launched a new catastrophe bond. The deal’s initial size has been marked up as $250m but speculation is already mounting around by how much it could increase in size given the appetite of capital markets investors at the moment and Allstate’s large appetite for such coverage.   24 April 2013
Insurance
The Bermuda Business Development Corporation (BBDC), Business Bermuda and the Insurance Development Council have competed the legal process allowing them to merge.   24 April 2013
Insurance
Proposals contained in Barack Obama’s FY2014 budget that would change the tax treatment of reinsurance deals conducted with non-US companies have primarily been devised to target Bermuda.   16 April 2013
Insurance
Bermuda continues to thrive as an insurance hub despite facing increasing competition from every direction. Intelligent Insurer investigates why it has such an appeal for companies looking to place their risks.   16 April 2013
News
CATCo Investment Management, the specialist reinsurance-linked investment business, has appointed Judith Wynne as group general counsel and company secretary.   10 April 2013
Insurance
Following last week’s sale of Canopius Holdings Bermuda Limited and its merger with Tower Group, Canopius Group Limited has renamed Omega Specialty Insurance Limited, its reinsurance platform in Bermuda, Canopius Reinsurance Limited.   20 March 2013
Insurance
Canopius Group has posted strong full-year 2012 results achieving solid growth in both gross written premiums and its underwriting performance.   13 March 2013

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