News relating to the Bermuda and international insurance and reinsurance industry.
The Bank of Butterfield has named Mark Lynch to its board as an independent director.
Noblr, the personal car insurance provider, has launched its operation in Texas.
The Bermuda Monetary Authority (BMA) has released a consultation paper on proposed fee changes that could come into effect on January 1.
Everest Insurance has hired Michelle Sipple as vice president and head of inland marine.
Insured losses from Typhoon Hagibis will be between $8 billion and $16 billion, according to catastrophe risk modeling firm AIR Worldwide.
Fidelis Insurance has hired Matthew Bellamy as an underwriter in London, with a mandate to grow its property treaty reinsurance book of business.
The re/insurance industry can achieve positive change if it looks at supply chains in a holistic manner and as an integrated system, and harnesses technology effectively, according to Ian Branigan, group chief risk officer at RenaissanceRe.
Aon has launched a new group called the regional insurer group (RIG) that brings together dedicated team members from across Aon’s business lines to help clients resolve their most pressing business concerns.
Markel International has named Simon Wilson as its new managing executive of global strategy for insurance operations, and Henrik Bjornstad as managing director of the national markets division.