News relating to the Bermuda and international insurance and reinsurance industry.
Chantal Cardinez to take over as CEO of Hannover Re Bermuda
Chantal Cardinez has been named as chief executive of Hannover Re Bermuda, effective from July 1.
AXA XL appoints Xavier Veyry to lead Asia and Europe business
AXA XL has appointed Xavier Veyry as CEO for Asia and Europe. As part of the appointment Veyry joins AXA XL’s newly configured leadership team, reporting to Scott Gunter, the group CEO.
Argo settles $900,000 with SEC over misreporting CEO benefits
Argo Group International Holdings has settled $900,000 charges brought by the US Securities and Exchange Commission (SEC) after the regulator found its chief executive had received perks worth four times more than had been disclosed.
Everest Re CEO speaks out about systemic racism
Juan Andrade, Everest Re’s group president and chief executive, has called for people to stand together to “peacefully address the issues of systemic injustice and inequality” in the US.
Stonybrook advises Anchor in the sale of its specialty business
Stonybrook Capital is serving as exclusive strategic and financial advisor to Anchor Insurance Holdings (AIH) in its sale of Anchor Specialty Insurance Company (ASIC) to Weston Insurance Holdings.
AXIS Re promotes Michael Leahey to head of agriculture reinsurance
AXIS Re has promoted Michael Leahey to head of agriculture reinsurance.
Praedicat unveils tool to help clients track COVID-19 exposures
Praedicat, the liability risk analytics software company, has launched nine COVID-19 litigation scenarios and a COVID-19 litigation tracker to help clients manage their exposure on casualty lines of business.
Global Reinsurance Forum appoints new management duo
Emmanuel Clarke has been named as chairman of the Global Reinsurance Forum (GRF) for a two-year term.
Monument Re completes acquisition of Cattolica Life
Monument Re has completed its acquisition of Cattolica Life DAC from Cattolica Assicurazioni.
Assured Guaranty completes third Spanish renewables deal in 12 months
Assured Guaranty (Europe) has guaranteed principal and interest payments on approximately €304 million of bonds issued on June 4, 2020, by FSL Issuer.
