News relating to the Bermuda and international insurance and reinsurance industry.
American International Group has consolidated its assumed reinsurance operations into a single entity called AIG Re.
Aspen Insurance Holdings has appointed Joshua Brekenfeld as director of global corporate development. He joins in August and will be based in London.
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 has expanded the coverage in its pollution and remediation legal liability (PARLL) policy in North America.
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 Insurance has opened an office in Philadelphia.
Frank “Chip” Gillis, CEO of Athene Life Re and co-founder of its parent, Athene Holding, will retire at the end of 2019.
Enstar Group has appointed Myron Hendry to its board of directors, effective July 1.
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, the reinsurance arm of AXIS Capital Holdings, has named Joe Sweeting as head of Lloyd’s casualty reinsurance.