Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
XL rumours intensify focus on Bermuda’s future
- 13 February 2018
A three-week period featuring the sale of Validus to AIG , a major profits warning from Aspen and reports that XL is in takeover talks with Allianz has placed the future of the Bermuda market front and centre.
The corporate developments follow disappointingly low rate rises in property lines at 1 January.
They also come hard on the heels of major US tax reform that has diluted the benefits of a Bermuda domicile and posed particular challenges to the island...
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