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The event, sponsored by the Bermuda Business Development Agency, unites leaders in reinsurance and related sectors

The move follows reserve charges tied mainly to the company’s retail commercial insurance portfolio

The deal includes the IQUW Bermuda-based reinsurance platform, significantly expanding Starr’s Bermuda presence

The acquisition of part of the Bermudian-based reinsurance company for $2.1 billion is a major strategic investment

Aon finds three quarters of UK organisations have or plan to establish a captive insurer or cell

The firm’s operating income was up $11.5 billion compared with $11.09 billion for the first nine months of last year

The firm’s underwriting income is $770.2 million, up 96 per cent compared to the same quarter last year

Underwriting income rises 39 per cent, with continued growth in the company’s insurance business

The country’s insurance penetration is low, less than 5 per cent, with limited insured property

The financial strength and long-term issuer credit ratings are moved up from A- to A