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Bermuda's hot life reinsurance market draws the crowds

Last month's Biltir conference in Bermuda was busier than ever, with participants discussing everything from private equity's role, regulatory communication and Manchester United's fax machines. Sarfraz Thind reports

Japanese life firms' profits improve as Covid costs recede

Japan Post Insurance and T&D Holdings both benefitted from new laws on deemed hospitalisation

Andrew Sooboodoo appointed CRO at InEvo Re

Jamie Schmerer becomes enterprise risk senior vice president at Fortitude Re

US annuity writers' lapse benefits outpace premium growth, finds AM Best

New private equity and asset manager-backed insurers will fuel market competition

Ming Zhang joins Fortitude Re as CRO

He previously served as chief investment officer at SiriusPoint

Prudential Financial under no pressure to shed more annuities

Still too early to forecast LDTI impact, says chief executive Charlie Lowrey

Prudential Financial offloads $31bn in variable annuities to Fortitude Re

Latest divestment accounts for 17% of the insurer's annuity book

AIG's Brian Duperreault sees strongest rates rises globally in 20 years

CEO points to "remarkable" conditions in commercial property

Private equity in Bermuda - who owns which insurer?

PE investment into Bermuda's re/insurance industry continued in 2019