News relating to the Bermuda and international insurance and reinsurance industry.
Chantal Cardinez has been named as chief executive of Hannover Re Bermuda, effective from July 1.
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 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.
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 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 has promoted Michael Leahey to head of agriculture reinsurance.
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.
Emmanuel Clarke has been named as chairman of the Global Reinsurance Forum (GRF) for a two-year term.
Monument Re has completed its acquisition of Cattolica Life DAC from Cattolica Assicurazioni.
Assured Guaranty (Europe) has guaranteed principal and interest payments on approximately €304 million of bonds issued on June 4, 2020, by FSL Issuer.