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Kinsale Capital Group, Ltd. Launches New US Excess and Surplus Lines Insurance ... - Earthtimes (press release)
Posted today (4 hours ago)

Kinsale Capital Group, Ltd. Launches New US Excess and Surplus Lines Insurance ...
Earthtimes (press release)
Kinsale's principal business is insurance underwriting and it has offices in Hamilton, Bermuda and Richmond, VA. For further information please contact Bob ...
Kinsale launches US E&S lines companyReactions Magazine (subscription)
...
Tags:   bernuda, captives
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Global Contractual Liability Product Established to Address Force Majeure and ... - PR Newswire (press release)
Posted today (6 hours ago)

Global Contractual Liability Product Established to Address Force Majeure and ...
PR Newswire (press release)
Aon's contractual liabilities capacity offering can be placed with markets in the US, Bermuda, London and Europe, and includes a broad appetite related to ...

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Bermuda Insurers, Reinsurers Oppose State Cat Fund Bill - HR 2555
Posted today (8 hours ago)
The Association of Bermuda Insurers and Reinsurers (ABIR) has filed an opposition to HR 2555 which, the Association warns would "replace private sector risk bearing capital with government ...
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Ask Amalie: Good news, few story-lines - Boston Globe
Posted today (8 hours ago)

Ask Amalie: Good news, few story-lines
Boston Globe
The grass was called "choppy," like the grass in the average backyard, as opposed to the smooth Bermuda infields of other parks. Another player said that he ...

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Tags:   bernuda, captives
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Catastrophe fund raises USD340m from UK institutions - HedgeWeek
Posted today (9 hours ago)

Catastrophe fund raises USD340m from UK institutions
HedgeWeek
Bermuda-based Nephila Capital, an investment manager specialising in insurance-linked securities, attracted inflows of USD340m from 11 UK institutions into ...
Man-backed Nephila attracts strong UK inflowsHedge Funds Review Magazine

...
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EU captives may move offshore to avoid Solvency II costs - Royal Gazette
Posted today (9 hours ago)

EU captives may move offshore to avoid Solvency II costs
Royal Gazette
Captives provide a form of self-insurance to corporations which own them, wholly or partially. Bermuda is the world's leading captive domicile, ...


Tags:   bernuda, captives
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PartnerRe Ltd. Provides Initial Estimate of Expected Claims from the Chile ... - MarketWatch (press release)
Posted yesterday.

PartnerRe Ltd. Provides Initial Estimate of Expected Claims from the Chile ...
MarketWatch (press release)
PEMBROKE, Bermuda, Mar 08, 2010 (BUSINESS WIRE) -- PartnerRe Ltd. (PARIS:FR:PRE) today provided its initial estimates of expected claims relating to the ...

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AIG Giveth Back, and Taketh Away, from US Taxpayers - BNET
Posted yesterday.

AIG Giveth Back, and Taketh Away, from US Taxpayers
BNET
As for AIA, it is based in Bermuda, the land of tax avoidance for insurers. An old adage says that if you owe the bank a million dollars, the bank owns you. ...

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Becker on Budget impact - Royal Gazette
Posted yesterday.

Becker on Budget impact
Royal Gazette
But Mr. Becker believes that Bermuda remains an attractive domicile for international re/insurance companies. The Max boss is set to become CEO of Alterra ...
No job cuts planned as Max/Harbor Point press on with Alterra mergerRoyal Gazette

...
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Chaucer mulls offshore move as swings to FY profit - Reuters
Posted yesterday.

Chaucer mulls offshore move as swings to FY profit
Reuters
L), are based in Bermuda. Chaucer shares were down 0.5 percent at 47.25 pence by 0828 GMT, underperforming a 0.2 percent rise in the FTSE 250 share index. ...

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Some EU Captives Might Leave Because of Solvency II, Experts Say - Insurance News Net (press release)
Posted yesterday.

Some EU Captives Might Leave Because of Solvency II, Experts Say
Insurance News Net (press release)
Some domiciles are considering regulatory equivalence, including Bermuda and Switzerland. Guernsey has not decided whether it will proceed with the adoption ...

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Nordic American Tanker Shipping Ltd. - (NYSE: NAT) Letter to Shareholders from ... - PR-inside.com (press release)
Posted yesterday.

Nordic American Tanker Shipping Ltd. - (NYSE: NAT) Letter to Shareholders from ...
PR-inside.com (press release)
Hamilton, Bermuda, March 8, 2010 Dear Shareholder, As Chairman and CEO I strive to keep all our shareholders well informed about key aspects of the ...

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Max, Harbor Point merger fuels consolidation talk
HAMILTON, Bermuda—The merger of Max Capital Group Ltd. and Harbor Point Ltd. will result in a more diverse, financially stronger company with an improved competitive position, particularly in reinsurance, observers say.
Tags:   busins
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OneBeacon Insurance: High Dividend Stock With Juicy Options - Seeking Alpha (blog)
Posted on Mar 7, 2010 (2 days ago)

OneBeacon Insurance: High Dividend Stock With Juicy Options
Seeking Alpha (blog)
OneBeacon Insurance (OB) is a recent addition to the Financials section of our high dividend stocks by sector tables (see here). This Bermuda-based ...


Tags:   bernuda, captives
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Budget brings into focus the law of diminishing returns - Royal Gazette
Posted on Mar 6, 2010 (3 days ago)

Budget brings into focus the law of diminishing returns
Royal Gazette
Attitude shifting is a big reason for promotional articles such as: US consumers need to get to the malls, and Buy Bermuda messages. ...


Tags:   bernuda, captives
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Farewell, Roger - Bermuda will miss you - Royal Gazette
Posted on Mar 6, 2010 (3 days ago)

Farewell, Roger - Bermuda will miss you
Royal Gazette
The subject: Bermuda as your first choice for your offshore reinsurance/insurance company. And no doubt, he was wearing one of his favourite tropical shirts ...


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Mr. Speaker, Honourable Members of the House of Assembly, - Royal Gazette
Posted on Mar 6, 2010 (3 days ago)

Mr. Speaker, Honourable Members of the House of Assembly,
Royal Gazette
It is widely acknowledged that one of the principal advantages that Bermuda has over competing offshore jurisdictions, particularly in the area of insurance ...

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More Capital Washes Up In Bermuda
Posted on Mar 5, 2010 (4 days ago)
More than $17 billion of capital washed up on the Bermuda shores in 2009, as underwriting profits and investment recoveries for a group of insurers and reinsurers erased a $10 billion capital drop for 2008.
Tags:   natuw, specialty lines, mergers and acquisition
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Early Insurance Estimates: Chile Quake Could Be One of the Costliest Ever - Insurance News Net (press release)
Posted on Mar 5, 2010 (4 days ago)

Early Insurance Estimates: Chile Quake Could Be One of the Costliest Ever
Insurance News Net (press release)
Bermuda-based Lancashire Holdings Ltd. said the company has exposure to Chile in onshore energy, property retrocession, property direct and facultative and ...

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Industry leaders visit BDA for World Insurance Forum - Bermuda Sun
Posted on Mar 5, 2010 (4 days ago)

Industry leaders visit BDA for World Insurance Forum
Bermuda Sun
Some of the biggest players in the reinsurance industry will visit Bermuda for a conference this month. Day three of the World Insurance Forum will be held ...


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Hardy Underwriting Bermuda FY09 Profit Down - Quick Facts - RTT News
Posted on Mar 4, 2010 (5 days ago)

Hardy Underwriting Bermuda FY09 Profit Down - Quick Facts
RTT News
Net insurance premium revenue for the year declined to GBP 176.63 million from GBP 120.79 million in the comparable period. A second interim dividend of 9.3 ...

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Fitch says merger won't affect Max Capital rating - BusinessWeek
Posted on Mar 4, 2010 (5 days ago)

Royal Gazette
Fitch says merger won't affect Max Capital rating
BusinessWeek
... and Harbor Point is a privately held property and casualty reinsurance company with operations in Bermuda, the United States and the United Kingdom. ...
...
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At Platinum, the High Cost of Living in Bermuda (at The New York Times)
Posted on Mar 4, 2010 (5 days ago)

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AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares - MarketWatch (press release)
Posted on Mar 4, 2010 (5 days ago)

AXIS Capital Declares Quarterly Dividends on Common and Preferred Shares
MarketWatch (press release)
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at December 31, ...

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Willis Group's Plan to Rule Insurance M&A Advisory - Wall Street Journal (blog)
Posted on Mar 4, 2010 (5 days ago)

Willis Group's Plan to Rule Insurance M&A Advisory
Wall Street Journal (blog)
The planned $3.5 billion merger of Bermuda reinsurers Max Capital Group and Harbor Point may not be the catalyst for a wave of M&A activity in ...


Tags:   bernuda, captives
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