International General Insurance Holdings (IG) marked its first quarter as a Bermuda-domiciled entity by reporting a small loss in Q1 2020, but also recorded a significant improvement in its combined ratio. 15 May 2020
Envelop Risk, the underwriting and risk analytics platform headquartered in the UK but with an office in Bermuda, has launched a series A investment of $6 million, led by AI-specialist investor Alpha Intelligence Capital (AIC). 14 May 2020
Sirius International Insurance Group sank to a loss in Q1, but stressed it had set reserves for all expected losses related to COVID-19 going forward. 14 May 2020
Catalina Holdings has appointed Philipp Waldstein as group chief investment officer to replace Peter Harnik who joined Catalina in 2011 and is now retiring. 14 May 2020
Business interruption (BI) payments related to the COVID-19 pandemic should be covered by federal insurance programmes, rather than the commercial market, according to the American Academy of Actuaries (AAA). 13 May 2020
Covéa has pulled the plug on its planned acquisition of PartnerRe, formalised in a memorandum of understanding (MoU) that was announced on March 3, 2020. 13 May 2020
Arch Insurance International has promoted Simon Williams to the newly created position of chief strategy and distribution officer, with immediate effect. 13 May 2020
