News relating to the Bermuda and international insurance and reinsurance industry.
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.
Twelve Capital expands ILS product range
Twelve Capital, an independent investment manager specialising in insurance investments for institutional clients with approximately $4 billion in assets under management, is expanding its product range for ILS investors.
ChainThat to join BMA innovation hub
ChainThat, a specialist provider of blockchain solutions for the re/insurance industry, has received approval to become the first company to join the Bermuda Monetary Authority’s (BMA) innovation hub.
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.
Insurance industry must up its game on climate change: Nephila
The insurance industry is failing to adequately address the issue of climate change, according to Barney Schauble, climate chairman at Nephila Capital, a Bermuda-based investment advisor specialising in reinsurance risk.
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.
How captives help companies manage hardening rates
A hardening market is prompting companies to use their captive to help dodge or offset rate increases.
Enstar appoints XL Catlin veteran to board
Enstar Group has appointed Myron Hendry to its board of directors, effective July 1.
