News
ILS
Marshall Shepherd, Parag Khanna, and Shalini Vajjhala will be the keynote speakers at Bermuda Convergence 2020, which runs from October 6-8. 8 September 2020
Life
Beach & Associates has hired Warren Berkstresser as senior vice president of its US reinsurance division, Beach Re. 8 September 2020
Life
Adam Salama will join Gallagher Re as a partner in March 2021. 7 September 2020
Life
Markel Corporation has hired Kelly Castriotta as senior director of global cyber underwriting. 7 September 2020
News
Sompo International Holdings will acquire Diversified Crop Insurance Services, a subsidiary of CGB Enterprises in a deal that brings together companies with combined gross written premiums of over $2 billion for crop reinsurance in 2019. 7 September 2020
News
Aspen Insurance Holdings saw its profits plunge in the first half of 2020, which it said was largely due to the impact of COVID-19. 4 September 2020
News
Aspen Insurance Holdings will pay a quarterly dividend of $351.56 per share on its 5.625 percent perpetual non-cumulative preference shares. 4 September 2020
News
AM Best has assigned a financial strength rating of A- (excellent) to Prosperity Life Assurance Bermuda (PLA), with a stable outlook. 4 September 2020
ILS
Arch Mortgage Insurance Company (Arch MI), a subsidiary of Arch Capital, has obtained over $449 million of indemnity reinsurance on a pool representing approximately $32 billion of mortgages from Bellemeade Re 2020-2, a special purpose reinsurer. 4 September 2020
News
The COVID-19 crisis is having a profound impact on all sections of the global economy, forcing companies to rethink the most fundamental aspects of how they conduct their businesses. Bermuda:Re+ILS brings you the latest developments, demonstrating how Bermuda and its re/insurance community are adapting to cope with this challenge. 4 September 2020
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