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New reinsurance buyer joins Brit from Aviva

2019-05-21T16:00:00+01:00

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

envelop

MS Amlin buys a stake of MGA Envelop

2019-05-21T09:40:00+01:00

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

Mike-Van-Slooten_web

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

2019-05-20T11:26:00+01:00

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

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

Fight, boxing, box, gloves, boxer

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