News relating to the Bermuda and international insurance and reinsurance industry.
Meryl Hartzband, a founding partner of private equity firm Stone Point Capital, has joined Bermuda-based Everest Re’s board of directors.
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 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 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, 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.
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will vote on the Bermuda re/insurer's board directors, 5.6 percent shareholder Voce Capital Management has now withdrawn its director nominees.
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.
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.
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 International Holdings has appointed Udo Pützer as head of financial lines insurance in Germany.