All the headlines from our Bermuda Topic Page, ordered by recency.
Sep 8 2011 // Montpelier Re Holdings Ltd. Has appointed Christopher T. Schaper as President of Montpelier Reinsurance Ltd. , effective November 25, 2011 – subject to the approval of the Bermuda Department of Immigration. He will...
Sep 8 2011 // It’s a busy time of year for the National Hurricane Center in Miami. The NHC is currently following one hurricane – Katia, and two tropical storms – Maria and Nate.Katia is following the previously forecast track...
Sep 6 2011 // Hurricane Katia powered up to a major Category 4 storm Monday, but was expected to veer away from the U.S. East Coast later this week, avoiding a direct hit on a seaboard already battered by Hurricane Irene.The U.S....
Sep 2 2011 // Bermuda-based AXIS Capital Holdings Limited announced that Bruno Krenboeck has joined AXIS Re as Marketing Director for Latin America.He has over 17 years experience in the international insurance industry with specific...
Sep 2 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of ‘a’ of Bermuda-based Catlin Insurance Company...
Aug 26 2011 // Catalina Holdings (Bermuda) Ltd. has announced that its wholly owned subsidiary, Catalina Echo Limited, signed a definitive merger agreement on August 22, 2011 to acquire Residential Loss Control Holdings, LLC...
Aug 22 2011 // Bermuda-based Lancashire Holdings Limited has received approval from its shareholders to proceed with its previously announced plan to move its tax residence to the UK. The company, which operates subsidiaries in both...
Aug 18 2011 // While U.S. regulators are beginning to be worried about the impending imposition of the European Union’s Solvency II regulations for the re/insurance industry, which will come into force in 2014, Bermuda has been...
Aug 15 2011 // Tropical Storm Gert strengthened slowly Sunday on a track toward Bermuda and forecasters said the global reinsurance hub could expect increased winds, rain and surf when the storm passed on its eastern side.Gert, the...
Aug 8 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Alterra Bermuda Limited)...
Aug 3 2011 // Bermuda-based Alterra Capital Holdings Limited announced that John Berger, CEO of Reinsurance and a member of Alterra’s Board of Directors, is leaving in order to pursue a new opportunity.The company said Thomas C....
Jul 12 2011 // Validus Holdings Ltd offered to buy reinsurer Transatlantic Holdings Inc for about $3.5 billion in cash and stock, trumping Allied World Assurance Co Holdings’ all-stock offer.Validus offered 1.5564 in shares and a...
Jul 8 2011 // Alterra Capital Holdings Limited announced that the State of New York Insurance Department has approved Alterra Bermuda Limited “as an eligible reinsurer for reduced collateral status, which allows lower collateral...
Jun 27 2011 // Bermuda has signed a Tax Information Agreement, or TIEA, with the Republic of Indonesia at a ceremony in London on Wednesday, June 22, attended by Bermuda’s Premier, the Hon. Paula A. Cox, JP, MP, and H.E. Yuri...
Jun 22 2011 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Zurich-based ACE Limited and ACE INA Holdings Inc. Best has also upgraded the ICR to...
Jun 20 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’- (Excellent) and the issuer credit ratings of “a-” of Bermuda-based Through Transport Mutual Insurance...
Jun 15 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A+ (Superior) and issuer credit rating of “aa-” of Lititz Mutual Insurance Pool, which includes the...
May 2 2011 // In an article published on its web site Standard & Poor’s Ratings Services said it has outlined its “updated enterprise risk management (ERM) opinions for all of its rated North American and Bermudan...
Apr 20 2011 // Bermuda-based Alterra Capital Holdings Limited announced several role changes and promotions that will affect its corporate and reinsurance operations, including the appointments of Greg Richardson as Executive Vice...
Apr 18 2011 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2010 global underwriting results for its 22 member (re)insurers – companies that write insurance and reinsurance from underwriting centers in...