News relating to the Bermuda and international insurance and reinsurance industry.
Somerset Re hires structured reinsurance head
Christopher Smith joins from SCOR Global Life.
New vice chair and board member for BILTIR
Natasha Scotland Courcy and Andrew Sooboodoo appointments confirmed at annual conference.
Cyber hires for Ariel Re and Mosaic as Occam loses staff
More of Occam’s cyber team jump ship after departure of practice leader.
Hurricane Nicholas adds to Ida losses, says RMS
Modeller estimates up to $2.2bn damage, with wind and surge in Texas, but most flood claims from Louisiana.
AM Best affirms BF&M ratings
Bermuda and the Caribbean region insurer’s “strict underwriting” and move to remote operations protects it from Covid fallout.
Athora gains foothold in Italy with Amissima Vita
Acquisition represents first move for Bermuda re/insurer into Europe’s third-largest life market.
MS Amlin names Robert Wiest as new CEO
Swiss Re COO joins after two decades with the firm.
Sompo hires AXA XL legal head
Succession in place for John Del Col, retiring after 20 years.
James River boosts investor relations with Argo appointment
With a background in equity research and investment banking, new hire Brett Shirreffs will support CFO.
Ariel Re provides battery guarantee backstop for clean energy project
Innovative cover provides for system replacement in the event of warranty default.
