News relating to the Bermuda and international insurance and reinsurance industry.
There has been a flurry of mergers and acquisitions (M&A) activity in the re/insurance market as a whole, and on Bermuda in particular, in recent years.
Talent and the need to find it, train it and then keep it on the Island has long been a major issue for the re/insurance industry on Bermuda.
Insurance-linked securities (ILS) on Bermuda have had an interesting few years, as the market continues to evolve to meet strong demand.
Ascot has appointed Drew Walter as executive vice president and head of cyber and commercial E&O.
Chubb’s building on Woodbourne Avenue has become the first in Bermuda to be certified LEED platinum, the highest level of recognition in the LEED green building certification programme.
Paul Simons, head of property in AXA XL’s global markets business, has been named the new head of Bermuda reinsurance, effective January 1.
The Association of Bermuda Insurers and Reinsurers (ABIR) has made a charitable donation to Bermuda’s Coalition for the Protection of Children (BCPC).
Argo’s 2020 Annual General Meeting will take place on March 24.
MS Amlin will cease underwriting corporate property, real estate, casualty and package binders through its UK P&C business from the end of January 2020.
Amerisure Mutual Insurance Company has named Chris Spaude as its new chief financial officer and treasurer.