News relating to the Bermuda and international insurance and reinsurance industry.
Chubb unveils new oil/gas extraction underwriting criteria
It will require clients to reduce methane emissions.
Investment losses hit Lloyd’s but underwriting vastly improved
Its CEO flagged 20 consecutive quarters of positive price improvement.
Investment losses hit PartnerRe but CEO eyes positives
Its 2022 underwriting and operating performance were strong.
Ariel Re promotes 12, reveals ‘academy firm’ goal
The promotions cover a range of roles from underwriting to analytics.
Duperreault joins board of insurtech Joyn Insurance
The industry veteran has previously worked for Hamilton, Marsh, ACE, and AIG.
BMA appoints former American Express exec as COO
The recruit has more than 26 years of expertise in the financial services sector.
ABIR reshuffles policy committee, expands working groups
Its CEO said the changes showcase its deep bench of world-class talent.
AXA XL backs new cyber-MGA Intangic
It will offer cyber insurance for large public corporations headquartered in the UK.
R&Q sells stake in MGA TPM Holdings USA
The stake has been acquired by Roosevelt Road Capital Partners.
BMA issues expectations on insurers’ climate change risks
It has published guidance on how insurers must manage and report climate change risks.