News relating to the Bermuda and international insurance and reinsurance industry.
AXA XL promotes Jonathan Salter to head of risk consulting
AXA XL has appointed Jonathan Salter as head of risk consulting, effective October 1.
Assured Guaranty rebrands its asset management subsidiary
Assured Guaranty has rebranded its asset management subsidiary, BlueMountain Capital Management, as Assured Investment Management.
Digital Bermuda Captive Conference attracts record attendance
The Bermuda Captive Conference attracted a record number of delegates in its new digital format, smashing the record previously set in 2019.
AIR Worldwide updates multiple peril crop insurance model for China
Catastrophe risk modeling firm AIR Worldwide has released an updated multiple peril crop insurance (MPCI) model for China.
PartnerRe completes $500m bond issue
PartnerRe Finance B, a subsidiary of PartnerRe, has completed its offering of $500 million aggregate principal amount of 4.500 percent fixed rate reset junior subordinated notes, due 2050.
Willis Re launches new Indonesia flood model
Willis Re has launched a new Indonesia flood model to provide a comprehensive and robust view of risk for the region.
AXA XL develops tailored programmes for construction projects with added safety features
AXA XL's North America Construction insurance business is building tailored insurance programmes and services for construction projects it classifies as Highly Protected Projects (HPP).
BMS appoints Jason Stone as MD for private equity and M&A in Canada
BMS Group, the independent specialist re/insurance broker, has appointed Jason Stone as managing director of BMS Canada private equity, M&A division, effective immediately.
ABIR members contribute $830m to Bermuda’s economy in 2019
Members of the Association of Bermuda Insurers and Reinsurers (ABIR) contributed over $830 million to the Bermuda economy in 2019, up $15 million from calendar year 2018.
Peak Re hires Andrew Souter as director of markets
Peak Re has appointed Andrew Souter as director of markets, responsible for developing its property and casualty reinsurance business.
