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Expect to see more hedge fund managers setting up reinsurance companies in Bermuda as a way of boosting their investment returns. That was one of the takeaways from the seventh annual EY Hedge Fund Symposium last week which packed the Harbourview Bal...

Bermuda’s reinsurers are operating in an increasingly competitive market with margins likely to be squeezed further by a combination of growing competition from third-party capital and decreasing demand for reinsurance. That is the picture painted by...

Bermuda is leading the world in the issuance of insurance-linked securities (ILS). A report published by the Bermuda Monetary Authority shows that $3.5 billion of ILS, predominantly catastrophe bonds, were issued by Bermuda-based Special Purpose Insu...

A leading insurance executive has warned that global regulators’ moves towards increasing capital requirements for insurers will impede the industry’s ability to cover the world’s ever-increasing risks. XL Group chief executive officer Mike McGavick ...

Insurers and reinsurers are likely to have to venture into unchartered territory in their search for growth over the next decade, according to a top industry adviser. David Law, PwC’s global insurance leader, sees major opportunities for the industry...

Investors should not regard the handsome total returns from the bond market seen over the past three decades as normal, according to the CEO of Schroders’ US operations. Karl Dasher, who is in Bermuda this week for talks with clients of the London-ba...

Reinsurers could take over the US flood insurance programme from the US government, according to Validus Holdings CEO Ed Noonan. Speaking on a panel at the PwC/S&P Bermuda (Re) insurance Conference yesterday, Mr Noonan said flood coverage was one are...

Third Point Reinsurance Ltd posted third-quarter net income of $46.6 million yesterday, as it declared its first quarterly financial results as a public company. The earnings, which broke down to 46 cents per share, were up 17.7 percent compared to t...

Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermuda start-up. The company, led by chief executive of...