Latest Bermuda news and research
Reinsurers win bid to arbitrate $50mn Integrand claims dispute
News | by Christie Smythe | December 12, 2019
Everest, Swiss Re, Aspen and other reinsurers were accused by Integrand of delaying payment of claims from Irma and Maria.
Argo board bows to Voce pressure as five directors go
News | by Bernard Goyder | December 12, 2019
The departures represent a significant win for the activist investor, which was seeking to force a special meeting to oust the directors.
NAIC declares Bermudian, Japanese, Swiss regulators ‘reciprocal’
News | by Laura Board | December 11, 2019
The change in status puts the jurisdictions on a par with the EU and the UK.
Axis to eliminate COO role after Strachan’s departure
News | by Bernard Goyder | December 11, 2019
The carrier appoints two senior staff to the executive committee and will split the operations department into finance and IT functions.
Watford reaches deal to buy Axeria IARD
News | by Christie Smythe | December 6, 2019
The French property and casualty insurer has in-force gross premiums written of about EUR140mn.
Catalina strikes deal to acquire Asia Capital Re
News | by Samuel Casey | December 5, 2019
The live carrier will cease writing business with immediate effect and become a platform for the legacy acquirer's Asian run-off expansion.
Bernina adds ex-Nephila actuary Ross as head of analytics
News | by Fiona Robertson | December 3, 2019
Ross will start immediately at the Bermuda-based Credit Suisse affiliate.
Argo: Res ipsa loquitur
News | by Gavin Davis | December 3, 2019
There is an old saying that you should never ask a barber if you need a haircut. The same goes for financial advisors who get paid on activity rather than success.