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Latest Bermuda News

Arch Capital updates nat cat loss amounts

The company has announced new loss estimates for Q4 2018.

ABIR appoints new officers for 2019-2020

Albert Benchimol to head association’s team of top Bermuda executives.

Argo Group International makes two key appointments

The company names two executives in its global segment.

Reactions Women's Leadership Forum 2019

Executives weigh in with insight and wisdom for the next generation of women leaders.

RenaissanceRe launches new Bermuda reinsurer

Vermeer Reinsurance is backed by potentially $1bn in capital from PGGM.

Markel CATCo under investigation

US and Bermudian authorities have launched an investigation of Markel CATCO's loss reserves in late 2017 and early 2018.

Grandisson bullish on ILS expansion

The head of Arch Capital Group has warned that the industry must ‘evolve or die’.

PartnerRe reports second straight net loss

Combined global catastrophes, as well as smaller speciality losses, contributed to the net loss.

Sirius' Q3 results fall short of expectations

Earnings in Sirius' first quarter as a public company were disappointing, but its CEO is playing the long game.

Comments

Editor's comment: What could have been...

Reactions editor Christopher Munro considers what might have been with England at the World Cup and Bermuda's role in the re/insurance industry.

Americas editor comment: Brexit's North American impact - FREE

The implications of the UK’s vote to leave the EU on the North American re/insurance industry remains opaque.

Editor's comment: Reinsurers' sleight of hand - FREE

The cheating phase of reserve releases is well underway, but reinsurers' underlying RoEs are reaching new lows, David Benyon, editor of Reactions, writes.

Reactions April digital issue online now!

This month's magazine issue celebrates 35 years of Reactions, plus features on terrorism, Iran sanctions, reinsurance broking and the run-off market.

Bermuda comment: David in a world of financial Goliaths

Given that it is one of the smallest territories in the world, many would be surprised at the integral role Bermuda plays in managing the economic fallout after natural disasters, writes Americas editor Christopher Munro.

Editor's comment: Dazed and confused

If the actors of today’s re/insurance market were transposed into the setting of a 1980s high school movie, the plot would definitely be Prom Night.

Editor's comment: Who’s next to get married?

Comment: Whether its brokers, insurers or reinsurers, companies are currently coupling up like amorous teens at a high school dance.

XL and Catlin agree deal

XL and Catlin have agreed terms for a takeover that should close in the first half of 2015

Comment: An industry of adrenalin junkies

Editor's comment: To an outsider, insurance does not immediately look like an industry for adrenalin junkies.

Interviews

Profiles: Top women in re/insurance

Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.

Kevin O'Donnell's tough act to follow at RenRe

Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.

Albert Benchimol: Axis Capital ready to thrive

Interview: Albert Benchimol has had a busy year since taking over as CEO of Bermudian insurer and reinsurer Axis Capital, dealing with the ousting of its chairman and Superstorm Sandy losses. He is now confident that a strong period of growth is ahead for his firm.

Interview: John Nelson, chairman of Lloyd's - The internationalist

John Nelson has had a busy first year as chairman of Lloyd’s, with the market’s Vision 2025 plan his biggest contribution so far. He believes the make-up of firms and people at Lloyd’s is not diverse enough.

Profile: Validus’ Ed Noonan bounces back

Ed Noonan, CEO of Bermudian reinsurer Validus, has responded to missing out on Transatlantic Re by launching a $500m joint venture with hedge fund manager John Paulson and agreeing to buy Flagstone Re for $623m. He says it is time to adapt or die.

Tokio Millennium Re targeting expansion

Interview: Tokio Marine’s reinsurance unit is aiming to grow in Europe and beyond, according to group CEO Tatsuhiko Hoshina and Continental Europe CEO Stephan Ruoff.

Watson’s steady approach at Argo Group

INTERVIEW: Mark Watson, CEO of Argo, says that his firm is looking to expand, but won’t rush into any decisions.

John Berger: Third Point Re “alive and well!”

Interview: Former Alterra reinsurance CEO John Berger has proclaimed his new reinsurance firm, Third Point Re, alive and well following it receiving a financial strength rating of A from AM Best in early January.

Aon's Greg Case on insurance broking's future

INTERVIEW: Greg Case, CEO of Aon, believes that the insurance broker can help its customers manage their way through the tough global operating environment and rise to the challenge of new and complex risks by working on a more robust fact basis.

Latest Issue

December 2018/January 2019

 

In this month's Reactions

  • Women's Leadership Forum 2019
  • 2018 in review
  • 2019 emerging risks
  • Lloyd’s in 2019
  • Global Risk Index 2019
  • Latest InsurTech
  • Ethos Specialty Insurance roundtable

CLICK HERE TO READ THE LATEST ISSUE

 

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