News relating to the Bermuda and international insurance and reinsurance industry.
Hiscox has appointed James Millard as the new chief investment officer for the group.
Capsicum Re has hired David Bell to lead its newly unveiled aviation reinsurance team.
Syncora Holdings has completed the sale of Syncora Guarantee, its wholly-owned, New York financial guarantee insurance subsidiary, to Star Insurance Holdings.
Hamilton Re is calling for applications from students entering their junior year of university for admission to its 2020 summer intern programme.
Argo Group International Holdings has entered into a cooperation agreement with Voce Capital Management, which holds shares in the company, to effect changes to the composition of Argo’s board of directors.
Sirius International Insurance Group is expanding its facultative product offerings in Asia, beginning in early 2020.
Randall & Quilter Investment Holdings has announced that its wholly owned subsidiary R&Q Re (Bermuda) has completed the acquisition of the Barbados insurer, Distinguished Re, formerly known as the Saranac Insurance Company, a wholly owned subsidiary of Distinguished LLC.
2019 was another year of ups and downs for the re/insurance world in general and Bermuda in particular.
Now that 2019 is almost behind us and we learn the lessons the year taught us it’s time to look ahead to 2020 and what it might bring for Bermuda.
Winter has arrived in the Northern hemisphere, bringing with it its usual scattering of snow in some places and ice in others. However, as some of us shiver it’s worth remembering that it has been a hot year in many places.