News relating to the Bermuda and international insurance and reinsurance industry.
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Ed Broking to open Bermuda office in 2019; reveals new CEO
Wholesale and specialty reinsurance broker Ed is planning to open an office in Bermuda some time in 2019.
Former Aspen chief actuary joins ArgoGlobal
Argo Group’s Lloyd’s insurer ArgoGlobal has appointed Paul Lucas as chief actuary, international.
AIG gets green light for Brexit restructuring plans
American International Group (AIG) has received approval from the High Court of England & Wales to transfer its European business into two new entities, American International Group UK (AIG UK) and AIG Europe (AESA), ahead of Brexit.
Sirius forms new management committee
Global multi-line re/insurer Sirius International Insurance Group has announced several key promotions and the formation of a new management committee that will be responsible for the oversight of its day-to-day business operations.
ABIR to address Bermuda's future in 25th anniversary leadership forum
The Association of Bermuda Insurers and Reinsurers (ABIR) is bringing together distinguished past leaders with current chief executives of Bermuda's global insurance market in a leadership forum to market ABIR's 25th anniversary this summer.
Argo Group releases Q4 2017 loss estimates
Argo Group International Holdings has announced a preliminary pre-tax catastrophe loss estimate for the three-month period ended December 31, 2017 of $34-$38 million, net of ceded reinsurance recoverables, reinstatement premiums and expected profit commissions.
Qatar Re gets green light for London operations
Bermuda-based Qatar Reinsurance Company has been authorised by the Prudential Regulation Authority to carry out certain regulated activities in the UK from its branch office in London.
Conyers Dill & Pearman appoints new COO
Conyers Dill & Pearman has named Paul Naylor as its new chief operating officer. He will assume the role on 1 April, succeeding Stephen DeSilva who is set to retire on 31 March, after more than 25 years with the firm.
Hamilton Underwriting hires new head of casualty
The Lloyd’s operation of Bermuda-based Hamilton Insurance Group has hired a new head of casualty from Novae Insurance.
Everest Re gets permission for Dublin-based subsidiary
Everest Re Group has announced that it is to operate as an authorised non-life insurer in Ireland after it was granted in-principle approval by the Central Bank of Ireland.
