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A veteran reinsurance executive, the Bermudian takes up the role in January and will continue to be based in Bermuda

The cover will likely be effective when the Validus-RenaisaanceRe deal is concluded, according to a statement

Ratings reflect balance sheet strength, strong operating performance, limited business profile and appropriate ERM

Estimates are based on publicly available data, including wind station observations, river gauge water level data, web reconnaissance and analysis of aerial imagery

The transaction is expected to close in the fourth quarter and is subject to customary closing conditions and regulatory approvals

Broking group reports the average time to process client queries has fallen by 60 per cent

There are 675 Class B, C and D insurance companies licensed in Cayman, with approximately $22 billion in premiums written and $71 billion in total assets

The complex, cross-border transaction is a significant step in the build out of Compre’s centre of excellence for medical malpractice in Europe

The estimates are based on the high-resolution KCC Caribbean and US Hurricane Reference Models

The parent company is the largest oil and gas exploration and production company in Japan