News relating to the Bermuda and international insurance and reinsurance industry.
AXIS Re has made three promotions within its reinsurance segment, with two of them new positions in the group as it looks to improve coordination between different parts of the business.
MS Amlin Underwriting (MS AUL), the Lloyd’s global specialty re/insurer, has hired a new head of aviation reinsurance.
Everest Re Group has named two executives to leadership roles within the reinsurance division.
Mosaic Insurance has begun underwriting transactional liability coverage in the US to take advantage of the upsurge in mergers and acquisitions activity.
The Travelers Companies has made a strategic minority investment in Fidelis Insurance Holdings.
Global Atlantic Assurance, the Bermuda-based subsidiary of Global Atlantic Financial Group (Global Atlantic), a US-focused annuity and life re/insurance company, has signed a $4.8 billion reinsurance transaction with AXA China Region Insurance Company Bermuda (AXA HK).
International General Insurance Holdings (IGI) has been granted licensing by the Malta Financial Services Authority (MFSA) to establish a European subsidiary in Malta to directly access business across Europe.
AXIS Capital Holdings has named a new head of ILS as it rebrands its third party capital unit as AXIS ILS.
MS Amlin Insurance SE (MS AISE), the European primary insurer of MS Amlin, has made two hires as it gears up to roll out new digital products across the business.
AXA XL Insurance has strengthened its aerospace business in France with two appointments.