News relating to the Bermuda and international insurance and reinsurance industry.
RiskGenius, a Kansas-based insurtech company, has announced it has completed a Series B financing led by Hudson Structured Capital Management, doing business as HSCM Bermuda.
Convex Group, Stephen Catlin and Paul Brand's new specialty re/insurer, has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry.
Everest Insurance, which is a part of Everest Group, has announced that Joshila Tailor has been appointed as global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786.
AM Best has affirmed the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of Bermuda-based Validus Reinsurance and its affiliate, Validus Reinsurance (Switzerland).
Bermuda had a mixed end to 2018, according to the latest figures released by the Bermuda Monetary Authority (BMA).
Storms are no more likely to stall over land than they were 150 years ago, according to TigerRisk, a reinsurance broker, advisor and catastrophe analytics firm.
Aon has appointed Tim Ronda as president of its US reinsurance solutions business with immediate effect.
RenaissanceRe Holdings has promoted Matthew Neuber, the senior vice president for ventures and corporate finance, to the position of corporate treasurer.
Carey Olsen Bermuda has promoted Gavin Woods of its corporate practice to the role of partner.
Specialty property and casualty re/insurance provider Sompo International Holdings has named Michael Chang, Graham Evans and Christopher Sparro as co-heads of the company’s commercial property and casualty (P&C) insurance business.