News relating to the Bermuda and international insurance and reinsurance industry.
AA, WestJet suspend flights to and from Bermuda
American Airlines (AA) and WestJet (WJ) have suspended a number of flights to and from Bermuda.
Markel Ventures to acquire Lansing Building Products
Markel Ventures will acquire a majority stake in Lansing Building Products in a deal that is expected to close in Q2 2020.
IGI completes business combination with Tiberius
International General Insurance Holdings (IGI) has completed its business combination with Tiberius Acquisition Corporation.
No confirmed cases of COVID-19 reported in Bermuda
There have been no confirmed cases of COVID 19 in Bermuda, according to Bermuda Premier David Burt.
Aspen reports third consecutive year of losses in 2019
Aspen reported losses for the third consecutive year in 2019, but insisted the group is on track to turn things around in the medium and longer term.
Aspen appoints Kevin Chidwick as group CFO
Aspen Insurance Holdings has appointed Kevin Chidwick as group chief financial officer.
Everest Re promotes Don Mango to group chief risk officer and chief actuary
Everest Re Group has promoted Don Mango to group chief risk officer and chief actuary, effective March 30.
Canopius acquires Multi-Strat Holdings to build up ILS offering in Bermuda
Canopius Group, has taken a majority stake in Multi-Strat Holdings, the Bermuda-based reinsurance group that writes both prospective and retrospective casualty reinsurance sourced through select reinsurance intermediaries.
Arrivals to Bermuda from March 17 ordered to self-quarantine for 14 days
All arrivals to Bermuda from March 17 will be required to self-quarantine for 14 days.
RMS names Mike Steel as global head of business development
RMS, the catastrophe risk modeling company, has appointed Michael Steel as global head of business development.
