News relating to the Bermuda and international insurance and reinsurance industry.
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Foram Brokerage acquired by Howden
Howden said the deal demonstrates its commitment to the Bermudian market.
Elementum taps Hudson for head of actuarial
The new hire will be responsible for driving processes around loss reserving.
Adderley to take reins at Appleby
He has been appointed the new office managing partner in Bermuda.
SiriusPoint takes stake in Parameter Climate
It will also provide multiyear capacity and paper as a strategic partner.
Ascot brings reinsurance under one roof
The new entity will provide brokers with a “single point of entry”.
L&G Re names new CEO as Olunloyo takes new role at L&G America
Legal & General Re has named a new chief executive officer (CEO) to replace Thomas Olunloyo, L&G Re’s CEO since 2017 who is relocating to the US to join Legal & General America (LGA) as executive vice president and deputy CEO.
Above-average hurricane season could hit ratings, Fitch warns
Predictions for the number of hurricanes this year range from 13 to 20.
Markel participates in Supercede pilot to overhaul outward reinsurance
Supercede claims it will transform the way carriers prepare reinsurance submissions.
Property-cat rates on-line back to post Superstorm Sandy levels
Reinsurance rates-on-line accelerated by 5-10 percent on average at June 1.
Fitch unveils positive outlook on AXA driven by AXA XL
It also downgraded AXA Singapore due to its diminishing strategy importance to AXA.
