News relating to the Bermuda and international insurance and reinsurance industry.
Bermuda has experienced its first two COVID-19-related deaths.
AXIS Re has hired Mark Julian as chief pricing actuary to oversee its actuarial pricing and catastrophe modeling teams.
Aspen Re has appointed Scott Kreuzer as senior managing director for the Americas.
Appleby has hired Kit Cunningham and John Small to its corporate department in Bermuda.
Bermuda received test results for 30 patients over the weekend, with two returned positive, taking the number of confirmed cases of COVID-19 to 37.
Chubb has committed $10 million to pandemic relief efforts globally through the Chubb Charitable Foundation, and has pledged there will be no layoffs of Chubb employees during the COVID-19 pandemic health crisis.
Bermuda discovered three new cases of COVID-19 on April 2.
Catalina Holdings has acquired Asia Capital Reinsurance Group, a Singapore-headquartered reinsurance business, which becomes its first acquisition in Asia.
Bermuda is implementing Shelter in Place measures which are scheduled to begin at 6am on April 4 and end on April 18.
Athora Holding has closed its acquisition of VIVAT from Anbang Group Holdings, making VIVAT part of Athora’s European group of life insurance companies.