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

London - UK19-06-2019

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

North America18-06-2019

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

North America18-06-2019

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

North America17-06-2019

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

North America14-06-2019

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

London - UK12-06-2019

AXIS Re, the reinsurance arm of AXIS Capital Holdings, has named Joe Sweeting as head of Lloyd’s casualty reinsurance.

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