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Monument Re buys run-off portfolio from Metlife

Bermuda-based reinsurer Monument Re has acquired a run-off portfolio of linked and traditional business from Ireland-domiciled Metlife Europe, initially through reinsurance to Monument Re, followed by the transfer of the portfolio to Laguna Life, upon receipt of court approvals. 21 June 2018

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Hamilton Underwriting appoints new head of treaty

Hamilton Insurance Group subsidiary Hamilton Underwriting has announced that Neil Lee-Amies has joined the agency as head of treaty, reporting to active underwriter Miles Osorio. 20 June 2018

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Hiscox sues former executive in fraud case

Hiscox is suing Yuval Abraham, the former chief financial officer of Hiscox Services, accusing him of $1.8 million in fraud. 20 June 2018

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Enstar hints at Atrium/StarStone sale

Bermuda-based Enstar Group has announced that it is considering the possible sale of subsidiaries Atrium Underwriting and StarStone Insurance. 19 June 2018

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Everest Insurance signs Airware deal

Everest Insurance, a subsidiary of Everest Group, has signed an agreement with Airware, a leading provider of drone analytics solutions. 19 June 2018

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Axis publishes latest loss triangles

AXIS Capital Holdings has published its 2017 Loss Development Triangles. 19 June 2018

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AM Best revises PartnerRe ratings

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and the long-term issuer credit ratings (long-term ICR) of “a+” for most of the operating subsidiaries of PartnerRe, collectively referred to as PartnerRe. 18 June 2018

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Chubb unveils 2018 scholarship students

Chubb has announced that its Chubb Select programme, now in its sixth year, has chosen its 2018 internship cohort. 18 June 2018

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Sompo International unveils transaction risk insurance in Europe

Bermuda-based Sompo International Holdings' European specialty platform has introduced a new transaction risk insurance line of business, expanding its professional lines insurance offerings in Europe. 15 June 2018

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Ironshore appoints M&A unit head from Aon

Ironshore, which has a substantial presence in Bermuda, has appointed James Swan as head of mergers & acquisitions (M&A) insurance, Americas. 15 June 2018

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