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Bermuda targeted in sector consolidation push
Insurance
The recent US tax change and the significant natural catastrophe losses that hit the market in 2017 are expected to trigger consolidation in the re/insurance sector with a particular focus on Bermuda.   26 January 2018
Insurance
Despite the importance to reinsurers, and cedants in many cases, of achieving and maintaining a desirable financial strength rating, many companies still fail to grasp the complexity of rating agencies’ methodology—and some face downgrades as a result.   13 September 2017
Insurance
US-based property/casualty insurer Liberty Mutual Holding Company reported attributable net income of $1.01 billion for 2016, an increase of $492 million versus the same period in 2015.   2 March 2017
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018.   12 March 2018
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks.   25 April 2018
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation.   24 April 2018
Insurance
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase.   18 July 2018
Insurance
Hiscox Re and ILS has launched a new US personal lines flood product, available to its insurance carrier, according to an Oct. 16 statement.   16 October 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Dan Watson as an underwriter in its engineering division.   5 June 2017
Insurance
Intelligent Insurer goes beneath the surface of the risk pool sector to discover why so many insurance firms are keen to get involved.   15 October 2019

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