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Bermuda-based Everest Re Group Ltd has entered into a strategic alliance between its US primary specialty insurer, Everest National Insurance Company, and Associated Electric & Gas Insurance Services (Aegis). This new partnership will provide primar...

Alternative and third-party capital is being used outside the traditional area of catastrophe bonds, experts have said. And the reinsurance industry is increasingly seeing alternative cash as a complementary type of additional capacity. PwC Bermuda m...

An ambitious bid to boost the image of the insurance sector could increase business and attract new blood to its ranks, according to veteran industry chief Brian Duperreault. Mr Duperreault’s Hamilton Insurance Group has teamed up other companies to ...

The reinsurance sector is in the throes of transformation and its current position has been likened to being between the digital and analogue worlds. That was the analogy used by industry veteran Brian Duperreault, chief executive of Hamilton Insuran...

Willis Capital Markets & Advisory’s Resilience Re Ltd catastrophe bond platform has had its registration confirmed by the Bermuda Monetary Authority. It is one of four registrations confirmed during October. The others are BlueGreen Re Ltd, a newly ...

Aspen Insurance, has appointed William McElroy as global head of environmental. Mr McElroy, who was formerly senior vice-president at Liberty International Underwriters, will lead Aspen Insurance’s global environmental practice, establishing a new gl...

The Horseshoe Group has formed a platform for asset manager-backed reinsurers. It is being promoted as “a new chapter in convergence products expanding outside of the property catastrophe markets”. And the first reinsurer has joined the new platform,...

A top insurance lawyer with links to Bermuda has been fired after a UK TV rant about fans of Liverpool football club. Clive O’Connell, who attended the ILS Convergence conference on the Island two years ago and is regarded as one of the world’s leadi...

Insurance firm Aspen is to expand into Singapore. The firm’s Aspen Insurance will enter the market in the Asian city state through Aspen’s Lloyd’s syndicate on the Lloyd’s Asia platform. Ann Haugh, president of Aspen International Insurance and chief...

Reinsurers could be hit with worse-than-expected losses after a major event because worsening terms and conditions have increased their risk exposures. That is the view of industry analyst Taoufik Gharib, of Standard & Poor’s Rating Services, who is ...

The insurance and reinsurance industry should put sustainable development at the heart of their business philosophy, a conference tomorrow is due to hear. Arthur Wightman, the Bermuda leader and insurance leader at financial services firm PwC, said t...

Insurance chiefs have joined forces to back the first-ever careers month for the industry. And Hamilton Insurance Group chief Brian Duperreault, Inga Beale of Lloyd’s of London and Dan Glaser of Marsh & McLennan have sent an open letter calling for b...