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Latest Bermuda News
BDA & RIMS join forces for webinars
Risk professionals to speak on series of online webinars.
BMS Group expands energy group
Trio of veteran executives join company as it expands.
Maiden returns to profit
Company makes first quarterly profit since 2018.
Ed opens up TradEd portal
Portal can now be used by carriers and clients on Bermuda.
AM Best affirms PartnerRe ratings after Covea deal withdr...
Rating action comes after termination of EXOR-Covea deal for the company.
Covéa-PartnerRe deal breaks down
Bermudian reinsurer’s owner Exor refused to renegotiate $9bn sale.
ILS tide turning ahead of mid-year renewals
Investor capacity returning after COVID-19-linked pullback in March and April.
Global outbreak impairs Third Point Re results
Reinsurer records a 36.1% loss in GWP for the quarter, but improves its combined ratio.
BILTIR cancels 2020 conference
Bermuda International Life & Annity Conference put off until 2021.
Interviews
A view from Bermuda on ILS in 2020
Hanni Ali, head of ILS for Hamilton, on how alternative capital will flow in this year.
Earned perspective - AIG's Duffy on Bermuda
Catherine Duffy, Country Manager of Bermuda for AIG’s General Insurance business, reflects on her decades in the industry.
Profiles: Top women in re/insurance
Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.
Kevin O'Donnell's tough act to follow at RenRe
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Albert Benchimol: Axis Capital ready to thrive
Interview: Albert Benchimol has had a busy year since taking over as CEO of Bermudian insurer and reinsurer Axis Capital, dealing with the ousting of its chairman and Superstorm Sandy losses. He is now confident that a strong period of growth is ahead for his firm.
Interview: John Nelson, chairman of Lloyd's - The internationalist
John Nelson has had a busy first year as chairman of Lloyd’s, with the market’s Vision 2025 plan his biggest contribution so far. He believes the make-up of firms and people at Lloyd’s is not diverse enough.
Profile: Validus’ Ed Noonan bounces back
Ed Noonan, CEO of Bermudian reinsurer Validus, has responded to missing out on Transatlantic Re by launching a $500m joint venture with hedge fund manager John Paulson and agreeing to buy Flagstone Re for $623m. He says it is time to adapt or die.
Tokio Millennium Re targeting expansion
Interview: Tokio Marine’s reinsurance unit is aiming to grow in Europe and beyond, according to group CEO Tatsuhiko Hoshina and Continental Europe CEO Stephan Ruoff.
Watson’s steady approach at Argo Group
INTERVIEW: Mark Watson, CEO of Argo, says that his firm is looking to expand, but won’t rush into any decisions.
Latest Issue
May 2020
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Comments
ESG: The hidden D&O/E&O risk
Ascot’s Kenny Li talks about what can happen when asset managers invest outside their mandate.
Editor's comment: What’s good for the Beatle …
Why Bermuda remains inspiring for Reactions’ Editor-in-Chief.
Editor's comment: What could have been...
Reactions editor Christopher Munro considers what might have been with England at the World Cup and Bermuda's role in the re/insurance industry.
Americas editor comment: Brexit's North American impact - FREE
The implications of the UK’s vote to leave the EU on the North American re/insurance industry remains opaque.
Editor's comment: Reinsurers' sleight of hand - FREE
The cheating phase of reserve releases is well underway, but reinsurers' underlying RoEs are reaching new lows, David Benyon, editor of Reactions, writes.
Reactions April digital issue online now!
This month's magazine issue celebrates 35 years of Reactions, plus features on terrorism, Iran sanctions, reinsurance broking and the run-off market.
Bermuda comment: David in a world of financial Goliaths
Given that it is one of the smallest territories in the world, many would be surprised at the integral role Bermuda plays in managing the economic fallout after natural disasters, writes Americas editor Christopher Munro.
Editor's comment: Dazed and confused
If the actors of today’s re/insurance market were transposed into the setting of a 1980s high school movie, the plot would definitely be Prom Night.
Editor's comment: Who’s next to get married?
Comment: Whether its brokers, insurers or reinsurers, companies are currently coupling up like amorous teens at a high school dance.