Bermuda
Scope joins Willis as Bermuda chairman
Willis has appointed Jardine Lloyd Thompson's Paul Scope as Willis Bermuda chairman.
Brit launches Bermuda SPV for catastrophe capacity
Speciality insurer Brit has created a new special purpose vehicle to provide capacity support for its property treaty portfolio for 2015.
RSG hires Argo underwriter to lead London MGA
Chicago-based insurance services business Ryan Specialty Group has recruited Argo Re underwriter Mark Peeters to lead a new London-based managing general agent specializing in directors and officers liability cover.
Hurricane Gonzalo to cost insurers up to £250m, says AIR
Hurricane Gonzalo could result in up to $400m (£250m) of insured losses according to catastrophe modeller AIR Worldwide, after landing in Bermuda on 17 October
AIG teams with Ascot for Bermuda reinsurance launch
AIG has partnered with Lloyd’s insurer Ascot to unveil a new Bermuda-based reinsurance platform.
Novae names Chevereau as manager of Bermudian operation
Lloyd’s insurer Novae Group intends to launch operations as a group reinsurer of, and coverholder for, Syndicate 2007 at Lloyd’s in Bermuda.
Sportscover enters strategic talks with Hamilton Insurance Group
Lloyd's insurer Sportscover and Bermuda-based property and casualty insurer Hamilton Insurance Group have entered into exclusive talks around the future control of Sportscover Underwriting.
RFIB promotes Brasier to Bermuda MD as Clark resigns
RFIB Group has promoted executive vice president Jeremy Brasier to head up its Bermudian operations.
Endurance terminates Aspen acquisition offer
Endurance Specialty Holdings has terminated its offer to acquire Aspen Insurance Holdings.
Aspen urges shareholders to reject ‘inadequate' Endurance proposals
Bermuda-based insurer Aspen is urging shareholders to reject continuing takeover advances from Endurance Specialty Holdings as it released preliminary Q2 results.
R&Q appoints Aon's Matthews as MD for Gibraltar platform
Randall and Quilter has appointed Andrew Matthews as managing director of R&Q Insurance Management (Gibraltar) previously known as R&Q Caledonian.
Catlin's GWP increased 9.3% in first quarter
Gross written premiums at insurer Catlin climbed 9.3% in the first quarter of 2014 to $2.01bn compared to $1.84bn in Q1 2013.
JLT Towers Re Bermuda launches following acquisition
JLT Towers Re has launched a combined operation in Bermuda following JLT Re’s acquisition of Towers Watson Re’s global operations.
Lancashire must convince investors of merits of Cathedral takeover
Bermudian insurer Lancashire must work hard to persuade investors of the merits of its Cathedral acquisition, following a lower than expected dividend pay-out to investors, according to Westhouse Securities.
Aspen grows pre-tax profits by £15m after quiet cat year
Bermuda based insurer and reinsurer Aspen has seen its full year pre-tax profits climb, alongside improved underwriting performance boosted by reduced catastrophe losses.
Pembroke to target €73m of premium with new Lloyd's syndicate
Bermudian insurer Ironshore’s Pembroke Managing Agency has received formal approval from Lloyd’s to manage a new syndicate for the 2014 year of account.
Q&A: Craig Cannonier and Bob Richards: Bermudian bigwigs
Bermuda’s Premier and Finance Minister discuss the island’s insurance industry and its relationship with the UK market.
Lloyd’s: A period of adjustment
In a challenging year for the market, how is Lloyd’s responding to regulatory changes, international competition and the potential threat posed by passive underwriting structures?
Argo appoints Wilken as president of Argo Re
Argo Group International has promoted Matthew Wilken has been promoted to president of Argo Re.
Lancashire recruits Merrill Lynch banker for non-exec role
Bermuda-based insurer and reinsurer Lancashire has appointed Merrill Lynch’s former co-head of corporate broking as a non-exec director.
UK P&I club unveils new chairman
UK P&I club members have elected Alan Olivier as chairman and president at their board meeting in Bermuda.
Brit expands global distribution network with Bermuda office opening
Brit is targeting an expansion of its distribution network with the opening of a Bermuda office.
Brit hires ex-Markel SVP Bonanno to head up Bermuda office
Brit is targeting an expansion of its distribution network with the opening of an office in Bermuda.
Interview: Mark Cloutier: Maintaining momentum
After restructuring last year, Brit has posted impressive results for the first half of 2013 – and chief executive Mark Cloutier insists the firm is on the right track to becoming top dog at Lloyd’s