
Bermuda
Latest insight from the international reinsurance club

Aon names Romeo Bermuda reinsurance head
Global broker promotes executive managing director of wholesale treaty to succeed Tony Fox

IGI expects full-year profits to soar 42%
Bermuda-based re/insurer’s preliminary earnings show operating profit of $133m with gross written premiums up 18% to nearly $690m

Fidelis income rises 90% as premiums surge
Bermuda-based group’s combined ratio climbs 15.2 points to 81.4% on higher major losses

Axis names Becker non-executive chair
W Marston Becker succeeds Henry B Smith as chair of the specialty re/insurer

Axis appoints Lord as group CIO
Appointment marks a return to Bermuda-based Axis for Stephen Lord

James River swings to Q4 loss on pending sale of JRG Re
Bermudian specialty insurer posts fourth-quarter net loss of $152m

RenRe to run off AlphaCat business
Property catastrophe-focused ILS investment business has already received redemption requests for ‘substantially all’ funds

More than one-third of directors at top insurance sector firms are women
European firms have higher share of women directors on average

AM Best raises outlook for Fidelis
Outlook on Bermuda-based group and operating entities revised to stable from negative

White Mountains names Campbell as director
Executive retired earlier this month having served with the Bermuda-based group for 30 years

Ascot launches Bermuda marine and energy treaty business
New business will be led by Alex Kirkby, who joins from Validus Re

Fidelis sponsors $150m Herbie Re catastrophe bond
Bermuda-based carrier secures collateralised protection against losses from named storms and earthquakes

Conduit Re swings to black in 2023
Bermudian reinsurer reports comprehensive income of $191m, driven by a strong underwriting performance

SiriusPoint posts record full-year underwriting
Bermuda-based carrier returns to profit in fourth quarter

BMS appoints head of energy and complex liability
Broker hires OneGlobal executive to expand Bermuda operation

Arch's income surges on tax benefit
Bermudian re/insurer benefits from a $1.18bn deferred tax asset under the jurisdiction’s new tax code
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