News relating to the Bermuda and international insurance and reinsurance industry.
Lancashire Holdings announces 2020 AGM and publication of annual report
Bermuda-based insurer Lancashire Holdings' AGM will take place on 29 April 2020 12.30pm Bermuda time at its Hamilton head office.
Watford announces quarterly dividend on preference shares
Bermuda-headquartered global property and casualty insurance and reinsurance company Watford Holdings is to pay to holders of record as of March 15, 2020, a quarterly dividend on its 8.5 percent cumulative redeemable preference shares, which trade on Nasdaq under the ticker symbol WTREP.
Blue Capital Re to delist from Bermuda and New York stock exchanges
Blue Capital Reinsurance Holdings will withdraw its common shares from listing on the Bermuda Stock Exchange (BSX) by July 31, 2020.
Aon and Willis Towers Watson merger back on
The Bermuda market is digesting the news that Aon will merge with Willis Towers Watson in an all-stock transaction that has been valued at approximately $80 billion.
Bermuda ramps up COVID-19 preparations
Bermuda had 22 people self-monitoring for COVID-19 with public health supervision as of Sunday, according to the Bermuda Ministry of Health.
BMS makes two hires in private equity, M&A and tax division
BMS Group has appointed Sophie Wallace and Dean Andrews as divisional directors of its recently established private equity, M&A and tax division, with Andrews also named head of tax liability insurance.
Perils revises up loss estimates for Dragi-Eberhard
Extratropical Cyclone Dragi-Eberhard caused an insured property market loss of €782 million, according to Perils, the independent Zurich-based provider of catastrophe insurance data.
AXA XL promotes Peter O’Neill to UK head of downstream and power
AXA XL Insurance has promoted Peter O’Neill to UK head of downstream and power.
Overwhelming underwriting losses lead to full year and Q4 losses for Sirius
Sirius International Insurance Group reported another disappointing year and final quarter of losses for 2019, blaming overwhelming underwriting losses, particularly in property, for undoing the work it has done on its global reorganisation.
John Butler joins Kovrr advisory board to help develop cyber ILS strategy
John Butler, the head of Cohen & Company’s US insurance asset management platform and global ILS programme, has joined the advisory board at Kovrr.
