News relating to the Bermuda and international insurance and reinsurance industry.
PartnerRe names John Mok as CEO for life & health business in Asia Pacific
John Mok will join PartnerRe in February 2021 as chief executive officer of its life and health business in Asia Pacific.
Enstar Finance prices $350m bond
Enstar Finance, a subsidiary of Enstar Group, has priced $350 million of 5.750 percent fixed-rate reset junior subordinated notes due 2040.
Matt Paskin assumes the top job at Convex Re Bermuda
Convex Group has appointed Matt Paskin as chief executive of Convex Re (Bermuda).
US National Flood Insurance Program faces significant losses from Hurricane Sally
Insured losses from Hurricane Sally are likely to be significant for the US National Flood Insurance Program (NFIP), according to AM Best.
Athene appoints former Pittsburgh Steeler to its board
Athene Holding has appointed Lynn Swann as an independent member of its board of directors.
Third Point Re takes minority stake in Arcadian Risk Capital
Third Point Reinsurance has invested in Arcadian Risk Capital, a start-up led by John Boylan, an industry executive with a 30-year track record in the global insurance market.
Colin Grint named as CEO of Premia Managing Agency
Premia Holdings, the reinsurance group specialising in acquiring companies in runoff, has hired Colin Grint as chief executive officer of Premia Managing Agency. Grint will take up his post on October 1, 2020 and will have oversight of all of Premia’s operations in Europe.
AXIS to pay quarterly dividend in October
AXIS Capital Holdings will pay a quarterly dividend of $0.41 per common share on October 15, 2020, to shareholders of record at the close of business on October 2, 2020.
Arch enters underwriting partnership to better serve US restaurant industry
Arch Insurance has entered a new underwriting partnership with ProHost USA, a Minneapolis-based insurance programme administrator that provides specialty packages for the restaurant industry.
Alchemy joins Nephila as investors in White Bear Capital
Alchemy Partners’ Alchemy Special Opportunities Fund IV is making an £80 million investment into White Bear Capital, the parent company of Blenheim Syndicate 5886 of which Nephila Capital is a strategic investor.
