News relating to the Bermuda and international insurance and reinsurance industry.
AXA XL names PRCB underwriter for UK & Lloyd’s
AXA XL has named a new senior underwriter for political risk, credit and bond (PRCB) for the UK and Lloyd’s market.
Sompo unveils leadership training programme for young women with High Point University
Sompo International Holdings has launched the Sompo Women in Insurance Management (SWIM) programme to better prepare young women to assume future leadership roles at Sompo International.
RenRe to call outstanding series E preference shares
RenaissanceRe Holdings will call all 11 million of its outstanding 5.375 percent series E preference shares for mandatory redemption on August 11, 2021.
Europe experiences historic severe weather losses in June: Aon
Europe experienced the costliest period of severe weather in its history between June 17 and 30, and the fifth costliest period globally, according to the latest edition of Aon’s monthly Global Catastrophe Recap report.
James River accused of misleading investors over Uber exposure
Law firm Saxena White P.A. has filed a securities fraud class action lawsuit against James River Group Holdings and a number of its executives in the US District Court for the Eastern District of Virginia.
Westchester strengthens its casualty practice with new hire
Westchester, Chubb's wholesale excess and surplus insurance business, has named a new executive vice president in its casualty practice.
AXA XL reshuffles its management team in Australia and Asia Pacific
AXA XL Insurance has named a new country manager for Australia and a new regional manager for Asia, with Craig Langham stepping down as regional leader for APAC and interim country manager for Australia.
Hiscox poaches head of energy underwriting from Chubb
Hiscox has poached a new line underwriter to lead its energy underwriting team.
Argo names new president for its US professional lines business
Argo Group International Holdings has promoted a new president of Argo Pro, its US professional lines platform.
Sompo targets growth in Asia with new Singapore-based commercial P&C team
Sompo International Holdings, the specialty provider of property and casualty re/insurance, has formed a new commercial property and casualty (P&C) segment in Asia.
