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By Anya Khalamayzer, PropertyCasualty360.com |
May 21, 2012
The sun shone on Bermuda’s reinsurers during the first quarter of 2012, but regulatory changes and cat losses still lurk in the water.
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By Andrew J. Barile |
May 3, 2012
The current climate is gravitating toward pushing captives—including single-parent captives, association captives and agent-owned captives—to appointing experienced, independent directors to their boards.
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By Caroline McDonald, PropertyCasualty360.com |
January 19, 2012
The Bermuda Monetary Authority reports a 50 percent year-on-year increase in new insurance registrations for Bermuda in 2011, with 54 new insurers recorded compared to 36 by the end of December 2010.
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By Caroline McDonald, PropertyCasualty360.com |
December 1, 2011
Bermuda reinsurers have taken a beating, but have managed to come up with creative solutions to deal with a disaster-ridden 2011.
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By Caroline McDonald, PropertyCasualty360.com |
November 23, 2011
The string of catastrophes that wrought so much destruction—and caused so many insurer losses—early in 2011 also spurred the formation of special purpose insurers (SPIs) in Bermuda with 17 formed this year, the largest number to date.
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By Staff Writer |
September 27, 2011
The Connecticut Insurance Department and the Swiss Financial Market Supervisory Authority have signed a memorandum of understanding to allow for closer regulatory cooperation between the two agencies.
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By Caroline McDonald, PropertyCasualty360.com |
June 17, 2011
BERMUDA—A listless economy has meant $150 million trimmed from Bermuda’s budget, but a brighter outlook is expected later this year, according to Bermuda and U.S. officials.
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By Caroline McDonald, PropertyCasualty360.com |
June 10, 2011
A listless economy has meant $150 million trimmed from Bermuda’s budget, but a brighter outlook is expected later this year, according to Bermuda and U.S. officials.
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By Caroline McDonald, PropertyCasualty360.com |
June 3, 2011
A tax agreement between Canada and Bermuda is generating interest in Canadian captive formations, according to a Bermuda official.
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By Staff Writer |
August 3, 2010
Catlin Group Limited has named Peter Schmidt as chief executive officer, European Reinsurance.