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Sompo International creates new US property unit

Bermuda, North America23-05-2017

Bermuda-based Sompo International has announced that its US insurance business has launched a new middle market property insurance product, offering ground up single carrier coverage to US mid-size companies across a broad range of industries through its retail broker network.

Bowker replaces Smith as Enstar CFO


Enstar Group has announced that chief financial officer (CFO) Mark Smith will step down from his position, which he has held since August 2015, at the end of the year and move into a consulting role.

Bauman returns to senior post at XL Catlin

North America23-05-2017

Steven Bauman has been appointed head of global programmes and captive practice in North America for reinsurer XL Catlin.

Sompo Japan Canopius Re ratings placed under review by AM Best


AM Best has placed the financial strength rating of A (Excellent) of Sompo Japan Canopius Reinsurance (Switzerland) under review with developing implications.

XL Catlin strengthens Canada team

North America22-05-2017

Bermuda-based re/insurer XL Catlin has made two new appointments to its Canadian environmental insurance team.

New York event highlights Bermuda’s role in global economy

Bermuda, North America19-05-2017

Bermuda plays a special role in the global economy, billionaire Michael Bloomberg has announced at an event in New York.

Essent Group amends credit facility

Bermuda, North America19-05-2017

Bermuda-based Essent Group, which offers private mortgage insurance for single-family mortgage loans in the US, has amended its credit facility to increase the total facility from $200 million to $375 million.

ABIR hosts seminar for visiting Appalachian State University students


The Association of Bermuda Insurers and Reinsurers (ABIR) has hosted a visit by a group of Appalachian State University students.

Everest Insurance appoints new professional liability leader

North America18-05-2017

Everest Re Group has announced that Keith Lavigne has joined Everest Insurance as its leader of management and professional liability within Everest Specialty Underwriters. He will be based in the Everest Insurance office in New York City.

RenRe approves increase to stock repurchase plan


The Board of Directors of RenaissanceRe Holdings (RenRe) has approved an increase in RenRe's share repurchase program, bringing the total current authorisation to $500 million.

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