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EU removes Bermuda from 'blacklist' of non-cooperative tax jurisdictions
Insurance
EU removes Bermuda from 'blacklist' of non-cooperative tax jurisdictions
Bermuda has been removed from the European Union's so-called blacklist list of "non-cooperative" jurisdictions following a meeting of EU finance ministers on May 17.   20 May 2019
AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes
Insurance
AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019
The Hartford gets regulatory approvals for $2.1bn Navigators deal; date set for final completion
Insurance
The Hartford gets regulatory approvals for $2.1bn Navigators deal; date set for final completion
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group.   17 May 2019
Insurance
Global commercial insurance rates enjoy biggest hike since 2012: Marsh
Average commercial insurance prices globally enjoyed their biggest increase since 2012 in the first quarter of 2019, according to Marsh’s Global Insurance Market Index.   17 May 2019
Insurance
Aon shakes up global reinsurance clients management team
Re/insurance broker Aon has made several organisational changes within its global reinsurance clients team co-led by Brad Melvin and Bruce Selby Bennett, in a move it hopes will help better align and integrate with the wider firm, and increase value to its clients.   17 May 2019
Insurance
Deutsche Rück’s profits rise but GWP shrink in 2018
German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers.   17 May 2019
Insurance
DataCubes partners with workers’ comp MGA Synergy
DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest.   17 May 2019
Insurance
Insurance brokers fear for their future in uncertain times: report
Insurance brokers are worried about the future of their business amidst all the technological advancements and changing re/insurance landscape, suggests a new report by the Society of Insurance Broking (SIB).   16 May 2019
Insurance
Globe Underwriting appoints North American property head from WSG Specialty
Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019
Insurance
PartnerRe unveils wearable technology pilot with digital health platform dacadoo
Bermuda-based reinsurer PartnerRe has launched a wearable technology pilot project in partnership with digital health platform dacadoo.   16 May 2019

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