News relating to the Bermuda and international insurance and reinsurance industry.
Starr Insurance Companies, a group of insurance companies which operate in the US, Bermuda, UK and Asia Pacific, has appointed Andrew Hopper as head of financial institutions for the UK and Europe.
Legislation that would allow the State of California to purchase re/insurance and insurance-linked securities from the private market to cover the increasing costs of wildfires has passed the California State Senate.
AXIS Capital has appointed Kelly Lindsey Isikoff as its chief information security officer (CISO), based in New York.
The shareholders of Bermuda-based Argo Group have voted to elect all five of the Class III directors put forward by Argo to its board, potentially putting an end to the very public dispute with activist shareholder Voce Capital Management.
Bermuda-based multi-line insurance company Argus Group has agreed to acquire FirstUnited Insurance Brokers, a provider of insurance broking services to individuals and businesses in Malta.
Meryl Hartzband, a founding partner of private equity firm Stone Point Capital, has joined Bermuda-based Everest Re’s board of directors.
Lancashire Holdings’ group chief financial officer Elaine Whelan plans to retire in 2020, and the Bermuda specialty re/insurer is now seeking a replacement.
UK prime minister Theresa May will resign as leader of the Conservative Party on June 7 and step down as PM once a replacement has been found.
Bermuda premier David Burt has led a delegation to North American tech conference Collision, held in Toronto, to attract fintech businesses to the island.
Ariel Re, a re/insurance underwriting subsidiary of the Argo Group, has appointed Sean Kelly as senior vice president, specialty underwriter, credit and financial products, effective June 10.