Articles
Insurance
Bermuda is well placed to react to the needs of the market in the wake of hurricanes Harvey and Irma, according to KPMG. 13 September 2017
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million. 27 June 2018
Insurance
While many re/insurers see cyber risk as an opportunity to grow in the current soft market, Swiss Re’s CEO Christian Mumenthaler suggested that the excitement may be inappropriate and that governments need to prepare for extreme events. 12 September 2017
News
Hurricane Matthew hit profits at Oxbridge Re Holdings, a property/casualty reinsurer based in the Cayman Islands that primarily covers insurers in the Gulf Coast, in 2016 and plunged the company into a loss in the fourth quarter specifically but its CEO said he was broadly pleased with its performance. 14 March 2017
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players. 14 February 2018
Insurance
Lloyd’s turn-key managing agent, Charles Taylor Managing Agency, has appointed a chief underwriting officer (CUO) as it actively markets its services to secure the management of a second syndicate at Lloyd’s. 19 May 2016
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business. 30 August 2019
Insurance
African reinsurer One Re has appointed Nicholas Davenport as chairman of its board with immediate effect, succeeding Gilles Bonvarlet who has stepped down from the role. 6 April 2017
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