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

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Guernsey develops a green kitemark for ESG ILS


Guernsey’s insurance industry is developing a green kitemark for its insurance-linked securities (ILS) platforms, to promote environmental, social and governance (ESG) issues. 

Aditya Dutt to step down as head of RenaissanceRe Ventures business


Aditya Dutt, the senior vice president of RenaissanceRe Holdings’ Ventures business, will leave the re/insurer to pursue a new opportunity.

BMA registers two new insurance entities in June


The Bermuda Monetary Authority (BMA) authorised two new insurance entities in June.

Everest hires Louis Manger as head of casualty claims

North America10-07-2020

Everest Insurance has hired Louis Manger as head of casualty claims. 

Ken Randall announces his retirement date


Ken Randall, the executive chairman and co-founder of Randall & Quilter, will retire on March 31, 2021, and step down as a director of the company. 

Capsicum Re names Raja Balasuriya as chairman of its executive committee


Capsicum Re has appointed Raja Balasuriya as its chairman of its executive committee as it prepares for its next phase of growth.

Hiscox names Russ Findlay as group chief marketing officer

North America09-07-2020

Hiscox has promoted Russ Findlay to the role of group chief marketing officer. 

Everest bags two tech awards from the Novarica Insurance Technology Research Council

North America09-07-2020

Everest will receive two awards from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurer chief information officers. 

Minister of Finance to speak on Bermuda:Re+ILS and BDA webinar


The Bermuda Business Development Agency (BDA) has joined forces with Bermuda:Re+ILS and its sister publication Intelligent Insurer to host a webinar to discuss the island’s international business sector through and beyond the global pandemic. 

Argo prices depository share issue

North America08-07-2020

Argo Group International has priced an underwritten public offering of 6 million depositary shares. Each depository share represents a one thousandth interest in a share of its newly designated 7.00 percent resettable fixed rate perpetual non-cumulative preference shares, series A. 

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