INSURANCE
Bermuda to host African catastrophe insurance pool
Economic Development Minister Grant Gibbons on Friday announced that Bermuda will host the first ever African catastrophe insurance pool.
Deloitte report shows reinsurance growth
The Bermuda Insurance Market Report 2014 shows Bermudian reinsurers reaped strong earnings in 2013.
Bernhard joins Hamilton Insurance
Hamilton Insurance Group announced that Keith Bernhard has joined the organisation as head of Internal Audit.
Kathleen Reardon is CEO of Hamilton Re
Kathleen Reardon has been promoted to CEO of Hamilton Re, the Bermuda-based Class 4 property reinsurer of Hamilton Insurance Group.
12 new insurance company registrations in Q1 2014
Statistics released by the Bermuda Monetary Authority on Friday demonstrate the continued significance of the Bermuda insurance and reinsurance marketplace.
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Bentley Society and Bermuda Monetary Authority clash
A friendly society is pursuing a Supreme Court order that would instruct the government to process its insurance policies.
Aspen reports $120.4M profit
Aspen Insurance Holdings Limited reported net income after tax of $120.4 million, or $1.66 diluted net income per share, for the quarter ended March 31, 2014.
EY partner: Business is robust for Bda
Ernst and Young's new senior partner, Pete Cangany, is bullish on Bermuda, saying "The business environment is good and I think is getting more robust."
BF&M records $25.2m profit for 2013
BF and M has reported a profit for 13 straight years after recording net income of $25.2m for 2013.
Aspen: Endurance offer is not in our best interests
Aspen Insurance Holdings Limited issued a letter to shareholders regarding a previously disclosed unsolicited proposal from Endurance Specialty Holdings to acquire Aspen.
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KPMG supported Butterfield's Legis deal
Butterfield's recent acquisition of Legis Group's Guernsey-based trust and corporate services business was supported by KPMG Advisory teams in Bermuda and Guernsey.
Bermuda’s insurers wrote $70.1B in premiums
Bermuda (re)insurers wrote $70.1 billion (US) in global gross written premium on a capital and surplus base of $95.4 billion, according to the Association of Bermuda Insurers and Reinsurers.
Chedid Re signs strategic partnership with PartnerRe
Chedid Re, a reinsurance brokerage company in the MENA region, announced that it recently formed a strategic partnership with top global reinsurer PartnerRe.
Willis appoint senior health care broker
Willis Group Holdings, the global risk advisor, insurance and reinsurance broker, announced the appointment of David Spear, vice president, senior health care broker, Willis.
Hiscox Re senior appointments
Hiscox Re has continued to strengthen its senior management team with the appointments of Reeva Bakhshi as chief financial officer and Paresh Thakrar as chief operating officer.
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