Category Archives: insurance

ABIR’s big contribution

1,516 employees in Bermuda. $886.8 million spent in Bermuda. Those are the two standout numbers form the Association of Bermuda Insurers and Reinsurers’ annual report, and there’s good news and not so good news associated with them. The good news is … Continue reading

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Irrational exuberance?

Big news in the ILS sector as cat bond/ILS issuance in the second quarter of 2014 broke all records, according to the good people at Artemis. I do not pretend to be an insurance expert, more of an interested observer, … Continue reading

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Weill to be Hamilton Re chairman

Now Sandy Weill is going to be chairman of Hamilton Re. This is a mjaor endorsement for Bermuda as a domicile and a reflection of Brian Duperreault’s incredible network of contacts.

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Ward to join Hamilton Re?

Former Validus Re CEO Conan Ward is expected to join Brian Duperreault’s Hamilton Re as head of US markets, the Insurance Insider is reporting. Hamilton Re was formerly SAC Re and was bought by Duperreault and other investors including US hedge … Continue reading

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Is the music about to stop?

Artemis is reporting that the ILS/Catbond market has passed the magic $20b mark, and that $7b in new issues have been made this year. The BSX lists $9b of the $20b, making Bermuda the leading ILS jurisidiction. We’re told this … Continue reading

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Bond, Bob Bond

One of the perils of story placement, in print or online, are things like the picture below. Bermuda Finance Minister Bob Richards won’t be thrilled with the juxtaposition of the Bermuda bond sale and falling bond yields, but maybe he doesn’t care … Continue reading

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