News relating to the Bermuda and international insurance and reinsurance industry.
International General Insurance Holdings (IGI) has appointed Ian Noble as head of casualty and professional lines.
Sompo Global Risk Solutions (GRS) has formed a new team called Sompo GRS Europe in London to serve the European market through retail brokers.
A wholly owned subsidiary of Enstar Group has acquired a number of portfolios from the Australian branches of Great Lakes Insurance SE and HSB Engineering Insurance.
The Arch Worldwide Reinsurance Group (Arch Re), part of Arch Capital Group, has completed its acquisition of a majority stake in Precision Marketing Asia Pacific (PMAP).
AXIS Insurance has hired Anna Woolley as a senior underwriter in its international construction team.
Capsicum Re has partnered with Arch Mortgage Insurance (Arch MI) to raise and place the first reinsurance capacity for Bellemeade Re 2020-1, a special purpose reinsurer.
Will Frohne and Yasu Saegusa have left Brit to join Falvey Cargo as underwriters, as part of a deal that saw Brit Global Specialty USA (BGSU) transfer the renewal rights for its cargo business to Falvey Cargo Underwriting (FGU).
Blue Capital Reinsurance Holdings will make a special distribution of $0.74 per common share on July 30, 2020, to holders of record as of July 15, 2020.
ILS Bermuda’s annual Convergence 2020 event has been confirmed as a virtual event.
Assurant, a global provider of lifestyle and housing risk management products, has finalised its 2020 property catastrophe reinsurance programme.