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Ariel Re has successfully sponsored Titania Re III with a first-of-its-kind carbon offset feature

Fifteen new re/insurers were registered in December to take the total for 2022 to levels not seen in almost a decade

Benjamin Somers has joined Aeolus Services Corp as managing director of business development

Catastrophe bond and issuance of insurance-linked securities fell by more than $1.5 billion in Q4 2022

Bermuda is on track for a good year in terms of insurance company registrations. Statistics released by the Bermuda Monetary Authority reveal there have been 63 new registrations to date including two intermediaries, compared with a total of 65 last...

Bermuda-based special-purpose insurer Herbie Re Ltd has listed $80 million worth of notes on the Bermuda Stock Exchange. The Series 2022-1 notes are due on January 8, 2027, the BSX said in a statement. The listing sponsor is Clarien BSX Services Ltd...

Capital unable to get significant returns from ILS investment could bolt for greener pastures, a Fitch Ratings assessment has determined. The report says the fallout from Hurricane Ian could test the investor appetite for bonds. Reinsurers have used ...

The reinsurance industry must develop more respect for its capital, a leading insurance executive told attendees at Convergence 2022, presented by ILS Bermuda. Albert Benchimol, president and CEO of Axis Capital, said: “The reason we need reinsurers ...

Key participants in the alternative reinsurance, convergence and insurance-linked securities marketplace come together this week for networking and education sessions at Convergence 2022 ILS Bermuda organisers believe clients have a unique opportunit...

AM Best is to hold a free analytical briefing on the expanding non-catastrophe insurance-linked securities market. The briefing is on Tuesday, June 21 at 11am Bermuda time. The ratings agency said prominent reinsurers and specialist underwriters incr...

Palomar Holdings Inc, the parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has announced the successful completion of June 1 reinsurance renewals. The company said it had procured approximately $430 million of increme...

Just 14 per cent of Bermuda reinsurers and Insurance Linked Securities funds surveyed have a developed approach to ESG — environment, social and governance — risks, according to a new study. And the report commissioned by the Bermuda Business Develo...