All Bermuda articles – Page 19
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XL joins Sichuan disaster relief
XL Capital Ltd will be contributing to the disaster relief effort for those affected by the recent earthquake in China.
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First Reserve launches Bermudan energy insurer
Torus is supported by a $720m equity funding and will focus on the energy sector
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AM Best affirms Everest Re ratings
Bermuda reinsurer has “strong capitalisation, performance and market profile”
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Storm-insured volumes ‘to double by 2018’
AIR analysis also found insured value of US coastal property grew by 7% pa
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Law firms face increasing liability claims
Marsh warns that economic downturn points to greater need for professional indemnity cover
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Analysis
Pacific Lifeline for Scottish Re?
Will its sale to Pacific LifeCorp end the ailing life reinsurer’s woes?
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Pacific LifeCorp to buy Scottish Re for $71.2m
The new operation will be called Pacific Life Re; Sale is a "positive outcome" for Scottish Re says CEO Zippel
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Scottish Re outlook revised to positive
Action follows announcement that Pacific LifeCorp has agreed to acquire Scottish Re
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GR Focus
Handling the capital glut
Can Bermuda reinsurers manage their excess capital successfully after two record-breaking years? If the market can get this right, it could just help to ease competitive pressures, explains Laline Carvalho.
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GR Focus
Bermuda: Trouble in paradise?
The credit crunch, unpopular policies and the ever-looming threat of a major catastrophe loss are just some of the challenges facing Bermuda reinsurers. Some say Bermuda is losing its shine and yet the market has enjoyed two years of record profits. Helen Yates takes stock.
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Analysis
Bermuda executives "uncomfortable" with island politics
The Bermuda premier Ewart Brown shut down parliamentary debate last month
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Benfield in $20.5m sidecar investment
Globe Re will underwrite business for Florida catastrophe exposure
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AM Best affirms Flagstone Re ratings
Assessment cites strong risk-based capital and solid operating results
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Channel Re ratings downgraded; outlook negative
Channel Re faces much-reduced business given its sole source is MBIA, says S&P
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Fitch affirms Flagstone "A-"
Partially offsetting the positives are the effects of the company's limited operating history
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Flagstone buys retrocession cover from cat bond
Multi-year indemnity deal with Valais Re ‘gives more price certainty’
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Daniel Izard to retire as COO of Endurance
Izard’s responsibilities will be assumed by the other members of Endurance’s executive team
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Prices to drop 15% at mid-year - Guy Carp
A competitive market and the absence of any major insured losses is driving down pricing ahead of the Florida renewals
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S&P maintain stable outlook for global reinsurers
Reinsurers have delivered returns "not seen in over a decade", but conditions in 2008 are more challenging
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Benfield invests $50m in ILS firm
Former RenRe SVP Michael Cash is CEO of new ILS investment management firm, Juniperus Capital Limited