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Former Markel CATCo CEO Anthony Belisle and Bermuda CEO Alissa Fredricks have both filed court cases against Markel for wrongful termination, accusing them of invading their privacy and formulating a plan to create an excuse for their dismissals. 22 February 2019
ILS
New Ocean Capital Management, the ILS fund manager of AXA XL, has increased its assets under management (AUM) to just over $1 billion at year-end 2018, following the the share buyout from AXA XL. 21 February 2019
News
Arch Capital Group has appointed Janice Englesbe as senior vice president, chief risk officer (CRO). 21 February 2019
News
Bermuda-based re/insurer PartnerRe has appointed Jacques Bonneau to its board of directors. 21 February 2019
ILS
Against a backdrop of 18 months of above average industry losses, Swiss Re expects investors will likely want to see rates harden in 2019, especially for loss impacted tranches. 20 February 2019
News
Everest Insurance, the primary insurance operations of Bermuda-headquartered reinsurer Everest Re Group, has appointed Kevin Flaherty as director of its retail property team in the US East region. 20 February 2019
News
Bermuda-based re/insurance provider Sirius Group is unaffected by reported liquidity issues at its parent company, China Minsheng Investment Group (CMIG), according to AM Best. 19 February 2019
News
In a development relevant to Bermuda re/insurers with wildfire exposure, RMS has created a catastrophe model to better manage wildfire risk in the US, against backdrop of over $30 billion in claims since 2014. 19 February 2019
News
An erosion in Bermuda-based Allied World Assurance Company's commercial casualty profitability has lead to a ratings downgrade from AM Best. 19 February 2019
News
Apollo Global Management has now completed its previously announced acquisition of Aspen Insurance Holdings, and concurrently appointed a new CEO to succeed Chris O'Kane. 18 February 2019
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