Hashtag: #BermudaInsurance
Speakers Lined Up For Re-Insurance Conference
Fintech, diversity and mergers and acquisitions in the re-insurance industry are just some of the topics on the agenda for a major annual conference taking place later this year. The XL Catlin Bermuda Insurance Marketplace Conference will be held at O’Hara House, on Bermudiana Road, on October 11, with the keynote speech being given by Patrick Tannock,... Read more of this article
Column: Island Leads Again With Insurtech
[Written by Stephanie P. Sanderson, Partner] Bermuda’s insurance history is an extremely rich one. The captive insurance sector, which was once thought radical, was developed in Bermuda in the 1960s and 1970s and established Bermuda’s bourgeoning international insurance industry. The 1980s saw Bermuda develop excess liability insurance and the 1990s... Read more of this article
Aspen Appoints Issavi To Lead Its Reinsurance
Aspen Insurance Holdings Limited announced that Emil Issavi, President and Chief Underwriting Officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect. Mr. Issavi succeeds Thomas Lillelund who is leaving Aspen to take a senior leadership position with a global P&C insurance company. Mr. Lillelund is expected... Read more of this article
White Mountains Reports Second Quarter Results
White Mountains Insurance Group, Ltd. reported book value per share of $924 and adjusted book value per share of $912 as of June 30, 2018. Book value per share and adjusted book value per share both increased 1% in the second quarter of 2018. Book value per share decreased 1% and adjusted book value per share was near break-even in the first six... Read more of this article
Starr Acquires Aspen’s Aviation Operation
Starr Insurance Companies has entered into an agreement to acquire the renewal rights of Aspen Insurance’s aviation business. “The value of the aviation book is estimated to be in excess of $50 million in gross written premiums,” the company said. “In conjunction with this agreement, Starr will also manage all underwriting and claims... Read more of this article
Student Presentations Following BFIS Internships
Student presentations followed BFIS internships on July 30, with insurance professionals, former interns, and BFIS scholars on hand to hear what the interns had learned during their time in the insurance markets of Atlanta, Bermuda, Chicago and London this summer. A spokesperson said, “BFIS is most grateful to XL Catlin which sponsors the Atlanta,... Read more of this article