Latest updates

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New reinsurance buyer joins Brit from Aviva


The insurer has appointed a new head of outwards reinsurance, reporting to the CUO


MS Amlin buys a stake of MGA Envelop


Providing capital to the cyber risk MGA since last year, MS Amlin has now bought a minority holding in the Bermudian start-up entity


Bounceback expected for reinsurers’ Q1 capital levels – Aon’s Van Slooten


Reinsurers’ capital was at a low point at the end of 2018, largely due to returns to shareholders and unrealised losses held on the investment side. Expect those numbers to bounce back for Q1

St George's Bermuda

Bermuda welcomes its removal from EU offshore tax blacklist


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

Fight, boxing, box, gloves, boxer

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


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


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


Growth slowing for US cyber market - Fitch report


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


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


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


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