News relating to the Bermuda and international insurance and reinsurance industry.
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AIG restructures reinsurance business under new leadership
American International Group has consolidated its assumed reinsurance operations into a single entity called AIG Re.
Aspen makes senior hire in London
Aspen Insurance Holdings has appointed Joshua Brekenfeld as director of global corporate development. He joins in August and will be based in London.
Randall & Quilter replaces outgoing CEO
Ken Randall will step down as group CEO of Randall & Quilter Investment Holdings (RQIH), but will continue to serve as executive chairman of the group.
AXA XL expands environmental coverage in North America
AXA XL has expanded the coverage in its pollution and remediation legal liability (PARLL) policy in North America.
Everest strengthens private company / not for profit group
Everest Insurance has appointed three new underwriters to work within its specialty underwriters private company / not‐for‐profit group, which provides management liability insurance for private and not-for-profit companies.
Everest opens new office to serve US Mid Atlantic
Everest Insurance has opened an office in Philadelphia.
Athene Life Re CEO to step down
Frank “Chip” Gillis, CEO of Athene Life Re and co-founder of its parent, Athene Holding, will retire at the end of 2019.
Enstar appoints XL Catlin veteran to board
Enstar Group has appointed Myron Hendry to its board of directors, effective July 1.
Caterpillar sets up Bermuda captive, could create premium savings of 15%
Setting up a captive could save up to 15 percent on health premiums, according to a panelist at the Bermuda Captive Conference who is looking at using a captive to fund a manufacturing company’s benefits programme.
AXIS Re names head of Lloyd’s casualty reinsurance
AXIS Re, the reinsurance arm of AXIS Capital Holdings, has named Joe Sweeting as head of Lloyd’s casualty reinsurance.
