RECENT NEWS
Insurance Journal  Jan 9  Comment 
London-based Brit Ltd. said it has renewed and expanded the collateralized reinsurance capacity provided by the Bermuda domiciled special purpose insurer, Versutus Ltd., in support of Brit’s property treaty portfolio for 2017. The special...
Insurance Journal  Jan 9  Comment 
Randall & Quilter Investment Holdings Ltd. announced the novation of liabilities for policy years 2001 to 2011 from Arizona-domiciled PacWest Captive Insurance Company Inc. to the its segregated account company in Bermuda, R&Q Quest Ltd. PacWest...
Insurance Journal  Dec 20  Comment 
Enstar Group Ltd. has launched KaylaRe Ltd., a Bermuda-based Class 4 reinsurer, offering a diversified range of specialty reinsurance to the global insurance market. KaylaRe launches with initial capital of $620 million, backed by a $300 million...
Financial Times  Dec 14  Comment 
Regulatory pace limits UK capital’s ambition for $70bn market
guardian.co.uk  Dec 12  Comment 
Four UK territories in list ‘undermine Britain’s efforts to be responsible member of the international community’ Bermuda is the world’s worst corporate tax haven, according to a list by Oxfam, which includes three other UK territories...
Insurance Journal  Dec 9  Comment 
XL Catlin’s reinsurance operations has announced two key leadership appointments for Bermuda and London, both effective January 2017. Jonathan (Jon) Gale, currently chief executive London Reinsurance, will take over as chief executive Bermuda...
Insurance Journal  Dec 2  Comment 
Specialist global insurer Hiscox announced that Michael Krefta has been appointed CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, effective Aug. 1, 2017. He will succeed Jeremy Pinchin who, after five years in Bermuda, will return to …
Insurance Journal  Dec 1  Comment 
The flow of so-called alternative capital into the global reinsurance market is continuing, bringing it closer to the “convergence” in which traditional providers will eventually become conduits to the capital markets, said panelists at the...
Forbes  Nov 30  Comment 
I was on a plane going from New York to Bermuda and had been lucky enough to be upgraded to first class. It was 1998, just a few days after the resolution of the Long-Term Capital Management crisis. The markets had seen a rather harrowing time....
Insurance Journal  Nov 18  Comment 
North American reinsurers may soon see some rate stabilization after a prolonged period of declining premium rates, as they deal with a supply-demand imbalance that has weighed on returns, according to executives at the 2016 Bermuda Reinsurance...




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