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St. Maarten has joined CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), purchasing coverage for tropical cyclones, earthquakes and excess rainfall. 6 September 2018
News
SCOR Global P&C will be organised around three business units plus transverse functions, which will all cooperate for clients’ benefit, according to a corporate presentation. 5 September 2018
Insurance
Specialist re/insurance broker THB has hired a senior broker from Ed Broking. Matthew Gould will join THB's aviation team, reporting to division director Tom Thompson. 5 September 2018
Insurance
The managing general agent (MGA) and programme markets in the US have continued to outpace the growth of the rest of the property-casualty market in 2017, according to a new study by investment firm Conning. 4 September 2018
News
Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, on the belief that earnings have settled at a "new normal". 4 September 2018
Insurance
Specialty re/insurer Canopius has signed an underwriting partnership with credit and political risk managing general agent (MGA) Anvil Underwriting. 3 September 2018
Insurance
Bermuda-based Sirius International Insurance Group has entered into equity subscription agreements with affiliated funds of Gallatin Point Capital, The Carlyle Group, Centerbridge Partners, and Bain Capital Credit. 31 August 2018
Insurance
French insurer AXA has won a fraud court case in the UK against three-time Home Counties boxing champion Conroy Downer by using Facebook evidence. 31 August 2018
Alternative Risk Transfer
Cyber is developing steadily: the ILS market has the potential to solve many of its challenges and Bermuda could sit at the heart of that solution. Tom Johansmeyer of PCS, Verisk Insurance Solutions, takes a look at a neglected period of time for the market. 30 August 2018
Insurance
Maiden Holdings is in advanced discussions regarding the sale of its wholly-owned subsidiary, Maiden Reinsurance North America (MRNA) to a third party. 30 August 2018
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