Insurance Europe has urged the European Commission (EC) to adhere to the established political consensus and EU targets during the technical discussions of the Solvency II review.
Marsh has introduced tax investment default insurance, a solution designed to expand the pool of capital available to invest in federal tax credits tied to US renewable energy projects.
JAB Holdings, the biggest investor in Pret A Manger, Krispy Kreme and Coty, will launch a global insurance platform and establish an asset management company.
A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ (Excellent) of Lumen Re, based in Bermuda.
Chin will report to Alex Baker, group chief risk officer, and have group-wide responsibility for reserving and pricing actuarial teams across Hamilton’s underwriting platforms, including Hamilton Global Specialty, Hamilton Select and Hamilton Re.
Bermuda Monetary Authority (BMA) licensed three new captives between January and April 2024, taking the total number in the domicile to 630.
Corver retired from his position as group head of legacy M&A at R&Q Insurance in April 2023, where he was responsible for run-off liabilities from (re)insurers, captives and other self-insurance vehicles.
S&P indicates that Bermuda’s economy is on track to continue growing, reflecting the strength in the international business sector, particularly (re)insurance.
