All the headlines from our Bermuda Topic Page, ordered by recency.
Dec 17 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Swiss-based Amlin AG, a reinsurance subsidiary of...
Dec 8 2010 // Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announced that its reinsurance subsidiary, Catlin Re Switzerland Ltd. has received approval from the Swiss Financial Market...
Nov 12 2010 // The Bermuda-based Catlin Group Limited’s interim management statement highlighted some significant premium increases in certain lines.The bulletin said: “Group-wide net premiums earned increased by 13 percent...
Nov 10 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda)...
Oct 29 2010 // The 8:00 a.m. AST bulletin from the National Hurricane Center in Miami placed the season’s latest tropical storm, Shary, around 220 miles (355 kms) south–southwest of Bermuda.The storm, which coalesced from a...
Oct 27 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus...
Oct 26 2010 // The Bermuda insurance market has launched two new products for the healthcare market: the Bermuda Market Follow Form Healthcare Insurance Policy and the Bermuda Market Reinsurance Agreement. Select Insurance brokers and...
Oct 22 2010 // Catlin Re Switzerland, the European reinsurance company currently being formed by Catlin Group Limited, headquartered in Zurich, has announced two additions to its underwriting staff.Christophe Chandler, currently a Class...
Oct 20 2010 // “2011 will be another challenging year,” said Roger Sellek, the CEO of A.M. Best Europe – Rating Services Limited, at the rating agency’s annual review of the state of Europe’s insurance...
Oct 19 2010 // The ACE Group of insurance and reinsurance companies announced that Samantha Froud, Group Financial Controller, has been named Chief Administration Officer for the company’s Bermuda-based operations. She joined ACE...
Oct 4 2010 // It’s cash-rich, led by a CEO with political aspirations, and was last year’s top S&P 500 performer.Pressured by soft pricing and slow premium growth, (re)insurer XL Group is also undervalued, analysts say,...
Oct 4 2010 // As underwriters, syndicates are the heart of the Lloyd’s market. Until the end of the 20th century they were largely funded by wealthy individuals, who pledged their fortunes to back the risks accepted by the...
Sep 21 2010 // Hurricane Igor barreled north Monday on a path expected to take it near Newfoundland and energy interests off eastern Canada, after battering Bermuda with heavy winds, waves and rain that caused damage but no...
Sep 16 2010 // Hurricane Igor continues to be a dangerous category four storm, the second most powerful category in the five category Saffir-Simpson scale, and is now predicted to possibly hit Bermuda.Officials in Bermuda reportedly have...
Sep 15 2010 // It’s cash-rich, led by a CEO with political aspirations, and was last year’s top S&P 500 performer.Pressured by soft pricing and slow premium growth, (re)insurer XL Group is also undervalued, analysts say,...
Sep 9 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the operating company, Alterra Bermuda Limited (formerly Alterra Insurance...
Sep 9 2010 // Global reinsurance companies are reconsidering their choices of corporate domicile, according to a new report from Standard & Poor’s Ratings Services, titled “Choosing A Domicile Remains A Hot Topic For...
Sep 2 2010 // Tropical Storm Fiona is located about 610 miles, 980 kms south of Bermuda, according to the National Hurricane Center’s 8:00 a.m. AST bulletin. The storm is moving toward the northwest near 17 mph, 28 km/hr.The NHC...
Aug 30 2010 // Bermuda-based Endurance Specialty Holdings announced that Arturo E. Falcon has joined Endurance Worldwide Reinsurance to lead the expansion of Endurance’s global reinsurance portfolio in the Latin American market. He...
Aug 26 2010 // The U.S. National Hurricane Center is reporting that Hurricane Danielle is still a category two hurricane, with sustained winds of 105 miles per hour, and that it is expected to strengthen somewhat in the next 24 hours. As...