All the headlines from our Bermuda Topic Page, ordered by recency.
Feb 11 2003 // Bermuda’s Max Re Capital Ltd. announced that its subsidiary, Max Re Ltd., has named Bernard W. Anckner and Michael S. Morgan as Senior Vice Presidents-Underwriters, completing the core of its new Excess General...
Jan 23 2003 // Denis Kessler, who recently took over as the head of France’s SCOR Group, revealed additional measures to implement his “Back on track Plan” for the company at yesterday’s Board of Directors...
Jan 23 2003 // A.M. Best Co. has affirmed the group financial strength rating of A+ (Superior) of Bermuda-based PartnerRe Group and its core subsidiaries, Partner Reinsurance Company Ltd. (Bermuda), Partner Reinsurance Company of the...
Jan 13 2003 // The Philadelphia Dance Company (PHILADANCO) announced that it has received financial support from the ACE Group of insurance and reinsurance companies through the ACE INA Foundation, which is based in the city.The...
Dec 20 2002 // Inreon, the Internet trading platform for reinsurers and intermediaries founded by Munich Re and Swiss Re, announced that a “growing number of global reinsurance groups, including new Bermuda start-ups, have...
Oct 29 2002 // Bermuda-based Allied World Assurance Holdings, Ltd. announced that the company has been granted a license to operate in Ireland and has commenced business with the opening of a new office in Dublin.The bulletin explained...
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless, commentators were almost unanimous in predicting that the market would harden,...
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless commentators were almost unanimous in predicting that the market would harden,...
Oct 15 2002 // XL Capital Ltd. led off the Bermuda Angle Conference at the Fairmount Southampton Princess Hotel in Bermuda with the announcement that the company’s 3rd quarter earnings would be hit by an estimated net loss from the...
Oct 9 2002 // The 11th annual Bermuda Angle Conference is scheduled to be held at the South Hampton Princess Hotel in Hamilton beginning Saturday, October 12 until Tuesday, October 15.It opens with a reception hosted by ACE Ltd. and a...
Oct 9 2002 // Bermuda-based Allied World Assurance Company, Ltd (AWAC) announced that Gerald W. Browning has joined the company as a VP, responsible for the Casualty Facultative Reinsurance Department, and that Sylvan D. Richards Jr....
Sep 23 2002 // Bermuda-based RenaissanceRe Holdings Ltd. announced that it has reached an agreement with Platinum Underwriters Holdings, Ltd. to purchase 3,960,000 of its common shares in a private placementPlatinum was established in...
Sep 12 2002 // Brian Duperreault, CEO of Bermuda’s ACE Ltd., spoke out strongly against U.S. companies that relocate their domicile to the island to avoid taxes, indicating that accepting them could damage Bermuda’s...
Aug 13 2002 // Bermuda-based Endurance Specialty Insurance Ltd. reported net income of $31.3 million for the second quarter ended June 30, 2002.Gross premiums written and acquired for the period were $264.3 million. Net premiums earned...
Aug 8 2002 // PXRE Group Ltd. announced that Guy D. Hengesbaugh has joined the Company as president of the Company’s Bermuda reinsurance company, PXRE Reinsurance Ltd., and executive vice president of PXRE Group. In these roles,...
Aug 5 2002 // How do I insure thee? Let me count the ways.” With apologies to Elizabeth Barrett Browning, that question’s become increasingly meaningful for risk managers, insurers, agents, brokers, consultants and...
Aug 5 2002 // How do I insure thee? Let me count the ways.” With apologies to Elizabeth Barrett Browning, that question’s become increasingly meaningful for risk managers, insurers, agents, brokers, consultants and...
Jul 10 2002 // As part of the ongoing restructuring of its reinsurance operations Bermuda’s XL Capital Ltd announced that James H. Veghte has been appointed President, COO and Chief Underwriting Officer of XL Re Ltd, one of its...
Jun 11 2002 // Bermuda’s ACE Group is usually thought of as the personification of an international company, but it isn’t neglecting its local market either. ACE recently announced the establishment of a new local insurance...
Jun 6 2002 // Merrill Lynch has established a reinsurance company in Bermuda, the fourth U.S. investment bank, after Goldman Sachs, Lehman Brothers and J.P. Morgan Chase, to do so. According to a report from Reuters News Agency, Merrill...