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Bermuda welcomes Global Forum announcement on tax practices

Bermuda, Global22-08-2017

The Government of Bermuda has welcomed the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum)’s announcement that the Island is ‘largely compliant’ with its tax information exchange practices with other jurisdictions.

Liening leaves Aspen to join Brit

Bermuda, North America22-08-2017

Brit has announced that it has appointed Jonathan Liening as Senior Vice President, Excess Casualty for Brit Global Specialty USA.

Capsicum Re highlights mortgage reinsurance potential with new executive appointment

Bermuda, North America21-08-2017

Capsicum Re has appointed Steven Rance to lead its new mortgage indemnity reinsurance business division, an area of the market where it sees a great deal of promise.

Sompo International selects Guidewire for London market underwriting

Bermuda, London21-08-2017

Guidewire Software, which provides software products to general insurers, and Bermuda-based Sompo International have announced that the latter is deploying Guidewire PolicyCenter as its underwriting and policy management solution in the London Market.

Vacancies prompt Argo Group to fills gaps in ranks of subsidiary

Bermuda18-08-2017

Argo Group International Holdings has announced that it has made a string of appointments in one of its key subsidiaries, Colony Specialty. The appointments were prompted by the departure of a leading executive and the company’s wish to bolster its digital business development team.

JLT Re continues Bermuda expansion with new partner appointment

Bermuda18-08-2017

Reinsurance broking and consultancy firm JLT Re has appointed Nicolas Bardon as a partner in its Bermuda operation, as it continues to grow its operations on the Island.

Commercial insurance rates continue long-term decline, claims Marsh

Global17-08-2017

According to the latest Marsh Global Insurance Market Index, the second quarter of 2017 was the seventeenth consecutive quarter in which commercial insurance rates declined.

Arch unveils $200m public offering

Bermuda17-08-2017

Bermuda-based Arch Capital Group has announced that it has priced an underwritten public offering of 8,000,000 depositary shares, each of which represents a 1/1,000th interest in a 5.45 percent non-cumulative preferred share, series F, of the company.

Sompo Canopius strengthens credit and political risk team

Bermuda, Global16-08-2017

Sompo Canopius, which has a significant presence on Bermuda, has appointed Stephen Pike as credit and political risk underwriter as it bids to expand on what it offers its clients.

Former Maxum Specialty executive joins Everest Re

Bermuda, North America16-08-2017

Bermuda-based Everest Re Group has announced that Darwin Lucas has joined Everest Reinsurance Company as vice president and head of US casualty programmes for all general casualty and professional liability lines of coverage within the facultative reinsurance division.

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