Hashtag: #BermudaInsurance

Speakers Lined Up For Re-Insurance Conference

Speakers Lined Up For Re-Insurance Conference

Fintech, diversity and mergers and acquisitions in the re-insurance industry are just some of the topics on the agenda for a major annual conference taking place later this year. The XL Catlin Bermuda Insurance Marketplace Conference will be held at O’Hara House, on Bermudiana Road, on October 11, with the keynote speech being given by Patrick Tannock,... Read more of this article

Column: Island Leads Again With Insurtech

Column: Island Leads Again With Insurtech

[Written by Stephanie P. Sanderson, Partner] Bermuda’s insurance history is an extremely rich one. The captive insurance sector, which was once thought radical, was developed in Bermuda in the 1960s and 1970s and established Bermuda’s bourgeoning international insurance industry. The 1980s saw Bermuda develop excess liability insurance and the 1990s... Read more of this article

Aspen Appoints Issavi To Lead Its Reinsurance

Aspen Appoints Issavi To Lead Its Reinsurance

Aspen Insurance Holdings Limited announced that Emil Issavi, President and Chief Underwriting Officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect. Mr. Issavi succeeds Thomas Lillelund who is leaving Aspen to take a senior leadership position with a global P&C insurance company. Mr. Lillelund is expected... Read more of this article

White Mountains Reports Second Quarter Results

White Mountains Reports Second Quarter Results

White Mountains Insurance Group, Ltd. reported book value per share of $924 and adjusted book value per share of $912 as of June 30, 2018. Book value per share and adjusted book value per share both increased 1% in the second quarter of 2018. Book value per share decreased 1% and adjusted book value per share was near break-even in the first six... Read more of this article

Starr Acquires Aspen’s Aviation Operation

Starr Acquires Aspen’s Aviation Operation

Starr Insurance Companies has entered into an agreement to acquire the renewal rights of Aspen Insurance’s aviation business. “The value of the aviation book is estimated to be in excess of $50 million in gross written premiums,” the company said. “In conjunction with this agreement, Starr will also manage all underwriting and claims... Read more of this article

Student Presentations Following BFIS Internships

Student Presentations Following BFIS Internships

Student presentations followed BFIS internships on July 30, with insurance professionals, former interns, and BFIS scholars on hand to hear what the interns had learned during their time in the insurance markets of Atlanta, Bermuda, Chicago and London this summer. A spokesperson said, “BFIS is most grateful to XL Catlin which sponsors the Atlanta,... Read more of this article

Madeiros & Seymour Smith Appointed By ABIR

Madeiros & Seymour Smith Appointed By ABIR

The Association of Bermuda Insurers & Reinsurers [ABIR] announces leadership appointments of industry executives. ABIR announces the appointment of Leila Madeiros to Chair of its Policy Committee. The Policy Committee serves as the chief policy body of ABIR, with review of insurance regulation in Bermuda and overseas, international regulatory standards,... Read more of this article

Dr. John Seo To Speak At Convergence 2018

Dr. John Seo To Speak At Convergence 2018

ILS [Bermuda] Ltd., organisers of Bermuda Convergence 2018, announced that Dr. John Seo, will be the event’s industry keynote speaker featuring a talk titled “ILS, $80B to $300B, how do we get there?” A spokesperson said, “The broader measure of the ILS market is roughly $80B currently, Dr. John Seo, co-Founder and Managing Director of Fermat... Read more of this article

Captive Conference Dates Confirmed For 2019

Captive Conference Dates Confirmed For 2019

Next year’s Bermuda Captive Conference will be held June 10–12, 2019, organisers have announced. The 15th annual event returns to the Fairmont Southampton next spring with a three-day agenda packed with keynote speakers, social and networking events, and a full slate of panels and roundtables focused on industry hot topics such as insurtech and... Read more of this article

Brit Makes Two Senior Appointments To Sussex

Brit Makes Two Senior Appointments To Sussex

Brit Ltd announced the appointments of Richard Slater as Underwriting Director and Adam Champion as Senior Vice President, Portfolio Manager and Operations, at Sussex Capital. Sussex Capital, through Sussex Re, writes direct collateralised property catastrophe reinsurance and also provides collateralised reinsurance to Brit’s Property Treaty portfolio.... Read more of this article

Tips On Success From Top Female Executives

Tips On Success From Top Female Executives

Two top female executives regaled an audience with tales of how their business relationship developed; their biggest regrets in business and the lessons learned never to be repeated again as part of a series of events designed to remove roadblocks to women succeeding in the re/insurance world. Cathy Duffy, Senior Vice President Underwriting Manager... Read more of this article

BII Event On Insurance Contract Standards

BII Event On Insurance Contract Standards

People are being invited to learn more about new international standards designed to ensure a consistent approach for all insurance contracts. The Bermuda Insurance Institute [BII] has organized a lunch and learn on Thursday [July 19] to examine the IFRS 17 guidelines published by the International Accounting Standards Board [IASB]. BII CEO Malcolm... Read more of this article

ABIR Marks 25 Years & Looks To The Future

ABIR Marks 25 Years & Looks To The Future

An overflow audience heard Bermuda’s past and present insurance leaders speak to the promise of Bermuda as a re/insurance market in the coming years; and heard public officials praise the important role Bermuda plays in managing insurance and reinsurance risk globally. Left to right: ABIR Chairs: Stephen Catlin, Kevin O’Donnell, Michael Butt, Albert... Read more of this article