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Insurtech in the US will be the topic of a panel discussion next week at the Hamilton Princess. The event is being hosted by the Bermuda Foundation for Insurance Studies and Drinker Biddle’s Insurance Regulatory and Transactional Team. It will look a...

Fidelis Insurance has appointed Ian Turner as its new group chief actuary. Previously, he was head of capital modelling at Bermudian-based Fidelis. Before joining the company last year he was head of capital model applications at XL Catlin. He spent...

Peter Zaffino, the chief executive officer of Marsh LLC, has joined American International Group. He has been appointed as the company’s new executive vice-president, global chief operating officer, effective from August 1. Marsh LLC is a leading glo...

Cost-cutting measures in the reinsurance industry are being applied more aggressively in response to decreasing prices, according to an international broker and risk adviser. In its 1st View report on the state of the market at a crucial reinsurance ...

A $350 million catastrophe bond that will boost underwriting capacity for Bermudian insurer and reinsurer Axis Capital Holdings has been admitted to listing on the Bermuda Stock Exchange. The BSX also announced on Friday that a €40 million cat bond, ...

A $70 million cat bond denominated in Japanese yen has been listed on the Bermuda Stock Exchange. The notes are valued at ¥8 billion, about $70.6 million, and have been issued by Shima Re Ltd through the segregated account Hotaru 2. Shima Re is the ...

A $70 million cat bond denominated in Japanese yen has been listed on the Bermuda Stock Exchange. The notes are valued at ¥8 billion, about $70.6 million, and have been issued by Shima Re Ltd through the segregated account Hotaru 2. Shima Re is the ...

Acquisitions are on the agenda for American International Group under new chief executive officer Brian Duperreault. Speaking after the company’s annual shareholders meeting in New York on Wednesday, Mr Duperreault said: “I’d love to find great addit...

A report designed to help professionals protect themselves from cyberattacks, and deal with the aftermath of data breaches, has been released by the Risk and Insurance Management Society. A cyberattack hit companies and organisations in more than 64 ...

Neill Currie has been appointed executive chairman of Bermudian-based Ascot Group Limited. He was previously CEO of RenaissanceRe Holdings Ltd, which he cofounded in 1993, and led from 2005 until his retirement in 2013. Ascot Group holds Ascot Underw...

Lion II Re has listed securities valued at 200 million euros ($227 million) on the Bermuda Stock Exchange. The principal at-risk variable rate notes will become due in July 2021. The catastrophe bond is said to be sponsored by Italian insurer Assicur...

Tony Belisle has extended his contract as chief executive officer of Markel CatCo Investment Management Ltd by a further two years. His contract was had been due to end on December 31 next year, it has now been extended to the end of 2020, after whic...