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Everest Re and Blue Capital Re to pay dividends before Christmas

Everest Re Group has increased its regular quarterly dividend by 11 percent, from $1.40 to $1.55 per common share. 25 November 2019

News

Hamilton and AXA XL sponsor youth digital literacy event in December

Hamilton Insurance Group and AXA XL are co-sponsoring Code441’s annual hackathon in Bermuda on December 20. 25 November 2019

Life

CAC Specialty builds up new environmental practice

CAC Specialty has appointed Gregory Schilz as executive vice president in its San Francisco office. 22 November 2019

ILS

Triangle Re issues three mortgage ILNs

Genworth Mortgage Insurance (Genworth MI), a subsidiary of Genworth Mortgage Insurance, has obtained $302.8 million of fully collateralised excess of loss reinsurance coverage from Triangle Re 2019-1 (Triangle Re). 22 November 2019

Life

Aspen adds two women to its UK board

Aspen Insurance Holdings has appointed Theresa Froehlich as chair of Aspen Insurance UK (AIUK), and as a non-executive director of AIUK and Aspen Managing Agency (AMA), and Natalie Waller as a non executive director of AIUK and AMA. 22 November 2019

News

Arch Re to absorb Aspen Re’s credit and surety business

Arch Re has offered to employ all Aspen Re’s Zurich-based credit and surety employees in its own credit and surety team, based in Zurich. Following Aspen Re’s decision to exit the line. 22 November 2019

News

BMA receives limited feedback in fee consultation

The Bermuda Monetary Authority (BMA) received feedback from only one institution in its recent consultation paper about fee changes, the regulator said. 22 November 2019

News

Arch appoints two to its board of directors

Arch Capital Group (ACG) has named Moira Kilcoyne and Thomas Watjen to its board of directors, effective January 1. 22 November 2019

News

Regulators must address uncertainty, BMA’s Cox tells PWC Insurance Summit

Re/insurance regulators must address the mood of uncertainty hanging over the industry regarding the future of regulation, according to Jeremy Cox, executive chair of Bermuda Monetary Authority. 22 November 2019

ILS

Aon unveils Randolph Re, its private placement ILS platform

Aon Securities, Aon’s investment banking division, has launched Randolph Re, a new private placement catastrophe bond platform. 21 November 2019

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