News relating to the Bermuda and international insurance and reinsurance industry.
Ken Randall announces his retirement date
Ken Randall, the executive chairman and co-founder of Randall & Quilter, will retire on March 31, 2021, and step down as a director of the company.
Capsicum Re names Raja Balasuriya as chairman of its executive committee
Capsicum Re has appointed Raja Balasuriya as its chairman of its executive committee as it prepares for its next phase of growth.
Hiscox names Russ Findlay as group chief marketing officer
Hiscox has promoted Russ Findlay to the role of group chief marketing officer.
Everest bags two tech awards from the Novarica Insurance Technology Research Council
Everest will receive two awards from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurer chief information officers.
Minister of Finance to speak on Bermuda:Re+ILS and BDA webinar
The Bermuda Business Development Agency (BDA) has joined forces with Bermuda:Re+ILS and its sister publication Intelligent Insurer to host a webinar to discuss the island’s international business sector through and beyond the global pandemic.
Argo prices depository share issue
Argo Group International has priced an underwritten public offering of 6 million depositary shares. Each depository share represents a one thousandth interest in a share of its newly designated 7.00 percent resettable fixed rate perpetual non-cumulative preference shares, series A.
Willis Re hires James Moss to co-head specialty casualty practice
Willis Re has hired James Moss as co-head of Willis Re Specialty’s casualty practice, alongside Chirag Shah.
AXA XL confirms McGovern as chief executive of the UK and Lloyd’s
AXA XL has appointed Sean McGovern as chief executive of the UK and Lloyd’s market.
AXA XL secures its first personal auto alternative capital transaction with Bluefire Insurance
AXA XL Reinsurance in Bermuda has completed an alternative capital reinsurance transaction with Bluefire Insurance, a Texas based Managing General Agency (MGA).
Re/insurers should continue holding remote board meetings: BMA
The Bermuda Monetary Authority (BMA) has promised to take into account difficulties re/insurers might have when arranging board meetings due to logistical and health difficulties resulting from COVID-19.
