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  • Rising delinquencies pressure mortgage ILS

    Rising delinquencies pressure mortgage ILS

    Hundreds of millions of dollars worth of insurance-linked securities providing mortgage reinsurance coverage may face losses as US delinquency rates surge.

    Bermudian-based mortgage re/insurer Essent Group has reported that all of its...

  • Arch estimates Covid-19 hit

    Arch estimates Covid-19 hit

    Arch Capital Group Ltd has estimated catastrophe losses of up to $225 million for the second quarter — most of them related to...

    • Jul 15, 2020 11:09 am
    • COMMENTS
  • Abir members donated $3m during pandemic

    Abir members donated $3m during pandemic

    Bermuda’s leading insurers and reinsurers donated more than $3 million to local charities during the Covid-19...

    • Jul 14, 2020 4:49 pm
    • COMMENTS
  • Convex’s first cat bond raises $300m

    Convex’s first cat bond raises $300m

    Convex Group’s first catastrophe bond secured $300 million of reinsurance coverage.

    The insurer and reinsurer, which was...

    • Jul 13, 2020 5:57 pm
    • COMMENTS
  • RenRe’s Dutt to join Aeolus

    RenRe’s Dutt to join Aeolus

    Aditya Dutt, the outgoing head of RenaissanceRe’s Ventures business, has been appointed president and a partner of Aeolus...

    • Jul 13, 2020 2:03 pm
    • COMMENTS
  • Climate risk experts lined up for BDA webinar

    Climate risk experts lined up for BDA webinar

    Two experts on climate risk and resilience strategies will be panellists on a webinar hosted by the Bermuda Business...

    • Jul 13, 2020 11:58 am
    • COMMENTS
  • Axa XL and Bluefire complete transaction

    Axa XL and Bluefire complete transaction

    An alternative capital reinsurance transaction has been completed between Axa XL Reinsurance in Bermuda, and Bluefire...

    • Jul 10, 2020 6:23 pm
    • COMMENTS
  • RenRe’s Ventures head to leave company

    RenRe’s Ventures head to leave company

    Aditya Dutt, the head of RenaissanceRe Holdings Ltd’s Ventures business, is to leave the company to pursue a new opportunity,...

    • Jul 9, 2020 6:47 pm
    • COMMENTS
  • Finance minister lined up for webinar panel

    Finance minister lined up for webinar panel

    A free webinar discussing Bermuda’s international business sector through and beyond the Covid-19 pandemic will feature Curtis...

    • Jul 8, 2020 3:50 pm
    • COMMENTS
  • Argo begin search for new CFO

    Argo begin search for new CFO

    A Bermudian-based (re)insurer is searching for a new chief financial officer.

    Argo Group International Holdings is...

    • Jul 7, 2020 3:07 pm
    • COMMENTS
  • Reinsurance industry losses could reach $130bn

    Reinsurance industry losses could reach $130bn

    Reinsurance industry finances have bounced back after the sector’s capital base dipped by almost one third as the Covid-19...

    • Jul 4, 2020 8:00 am
    • COMMENTS
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