Latest updates

St George's Bermuda

Bermuda welcomes its removal from EU offshore tax blacklist

2019-05-17T16:00:00+01:00

Brussels’ decision to remove Bermuda from its list of non-cooperating tax jurisdictions has been welcomed by the island re/insurance hub’s industry stakeholders

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Third Point CEO responds to AM Best’s negative outlook update

2019-05-17T12:57:00+01:00

Dan Malloy, CEO of Bermudian reinsurer Third Point Re, responded to the rating agency’s views

Middle East

Arig ceases its underwriting operations, Central Bank of Bahrain confirms

2019-05-17T09:45:00+01:00

A review by the regulator last month revealed “glaring deficiencies in the company’s governance framework”

Cyber

Growth slowing for US cyber market - Fitch report

2019-05-15T15:30:00+01:00

The industry’s total direct written cyber premiums grew 8% in 2018 to $2bn, according to the rating agency

Rob Bredahl

Bredahl quits Third Point to take TigerRisk president and COO job

2019-05-14T14:55:00+01:00

Rob Bredahl leaves his post of president and CEO at Bermuda-based hedge fund reinsurer Third Point Re

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Once-in-a-generation chance to address skills shortage, LMG report urges

2019-05-14T09:18:00+01:00

A new report from the London Market Group is a rallying cry to address the skills challenge facing London’s re/insurance market

Story 4 - technology

Insurtech investment smashes previous records in Q1

2019-05-10T15:13:00+01:00

Willis Towers Watson recorded 85 insurtech deals worth $1.42bn announced in the first three months of 2019

Linus Phoon_Munich Re

Phoon leaves Canopius to lead Munich Re in Singapore

2019-05-10T14:53:00+01:00

Reinsurer Munich Re has appointed Linus Phoon as CEO of its Singapore branch, leading its Southeast Asian operations

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AFL appoints UK CEO and prepares for North America expansion

2019-05-10T14:41:00+01:00

Independent Lloyd’s broker AFL promotes its chief commercial officer to lead its UK business