News relating to the Bermuda and international insurance and reinsurance industry.

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Founding partner of Stone Point Capital joins Everest Re board


Meryl Hartzband, a founding partner of private equity firm Stone Point Capital, has joined Bermuda-based Everest Re’s board of directors.

Lancashire CFO to step down in 2020


Lancashire Holdings’ group chief financial officer Elaine Whelan plans to retire in 2020, and the Bermuda specialty re/insurer is now seeking a replacement.

UK prime minister resignation signals further Brexit uncertainty


UK prime minister Theresa May will resign as leader of the Conservative Party on June 7 and step down as PM once a replacement has been found.

Bermuda seeks insurtech opportunities in Toronto


Bermuda premier David Burt has led a delegation to North American tech conference Collision, held in Toronto, to attract fintech businesses to the island.

Ariel Re welcomes another TMR hire


Ariel Re, a re/insurance underwriting subsidiary of the Argo Group, has appointed Sean Kelly as senior vice president, specialty underwriter, credit and financial products, effective June 10.

Voce withdraws director nominees, accuses Argo of state lobbying


Ahead of Argo's annual meeting on May 24 where shareholders will vote on the Bermuda re/insurer's board directors, 5.6 percent shareholder Voce Capital Management has now withdrawn its director nominees.

Tokio Millennium Re Bermuda EVP joins Ariel Re


Ariel Re, a re/insurance underwriting business and member of the Argo Group, has appointed Stephen O’Flynn as head of professional lines and casualty treaty underwriting - Bermuda.

Former Lloyd's CFO to join run-off specialist Armour Group


Bermuda run-off specialist Armour Group has appointed John Parry, the former chief financial officer (CFO) of Lloyd's of London as group CFO, effective June 2019.

MS Amlin invests in cyber reinsurance MGA Envelop Risk


Re/insurer MS Amlin, which has a presence on Bermuda, has purchased a strategic stake in Envelop Risk, a global specialist reinsurance MGA that combines insurance expertise with artificial intelligence-driven cyber risk modelling.

Sompo appoints head of financial lines in Germany from Amlin

Bermuda, Europe21-05-2019

Sompo International Holdings has appointed Udo Pützer as head of financial lines insurance in Germany.

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