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AM Best has assigned a long-term issue credit rating of bbb+ to Athene’s recently issued $500 million 3.95 percent senior unsecured notes due May 25, 2051, with a stable outlook. 28 May 2021
News
The Chubb Rule of Law Fund (CRLF) has awarded more than $1 million to projects that work to advance racial justice in the US. 28 May 2021
Life
Hamilton Insurance Group has hired a head of allied medical for its US excess and surplus (E&S) business, a newly created role intended to allow Hamilton to grow its business in this area. 27 May 2021
News
More than half of US mortgage reinsurance is backed by Bermuda’s reinsurance market, according to new analysis by the Association of Bermuda Insurers & Reinsurers (ABIR). 27 May 2021
Life
PartnerRe has named an executive with a wealth of banking experience to its board as an independent director. 27 May 2021
Re/insurance
Randall & Quilter Investment Holdings (R&Q), the non-life global speciality insurance company focused on programme management and legacy insurance businesses, has completed the novation of four loss portfolio transfer (LPT) agreements. 27 May 2021
Life
Hiscox has appointed a global head of diversity and inclusion (D&I) to build on the programme it has been running since 2017 to cultivate a more diverse, equitable and inclusive organisation. 26 May 2021
Life
Ascot has unveiled Matthew Lillegard as its new group chief actuary, a newly created position. 26 May 2021
Life
Vantage Risk, the Bermuda-based class four reinsurer, will provide A-rated reinsurance capacity for Rising Edge, the London-based directors’ and officers’ (D&O) managing general agent (MGA) that has now opened its doors for business. 26 May 2021
Life
Aspen Insurance Holdings has hired a new group chief actuarial officer to replace Andrew Kudera who has left the company. 26 May 2021
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