News
Life
Digital innovation has become the norm in many industries around the world, but the COVID-19 pandemic has expedited the urgency to move to digital and, out of necessity, has pushed many companies into it much faster than expected, says Chris Maiato of EY. 18 September 2020
Re/insurance
The unprecedented nature of the COVID-19 pandemic and its economic impact make it very difficult for re/insurers to measure the risk in their mortgage portfolios, say AM Best’s Emmanuel Modu and Michelle Li. 18 September 2020
Life
Convex Group has appointed Matt Paskin as chief executive of Convex Re (Bermuda). 18 September 2020
News
Insured losses from Hurricane Sally are likely to be significant for the US National Flood Insurance Program (NFIP), according to AM Best. 18 September 2020
Life
Athene Holding has appointed Lynn Swann as an independent member of its board of directors. 18 September 2020
ILS
Despite high systemic market pressures, investors continue to be attracted by the features that have established ILS as a highly desirable asset class: its liquidity and low correlation to the broader financial markets, as Anna Pereira, head of overseas markets and promotion at ILS Bermuda, and director at MANA Consulting, explains. 17 September 2020
News
Next to the impact of COVID-19, climate change is arguably the fastest-growing concern for the re/insurance industry. Andy MacFarlane of AXA XL discusses re/insurers’ top concerns and innovative ways to address the risks with Bermuda:Re+ILS. 17 September 2020
News
Third Point Reinsurance has invested in Arcadian Risk Capital, a start-up led by John Boylan, an industry executive with a 30-year track record in the global insurance market. 17 September 2020
Life
Premia Holdings, the reinsurance group specialising in acquiring companies in runoff, has hired Colin Grint as chief executive officer of Premia Managing Agency. Grint will take up his post on October 1, 2020 and will have oversight of all of Premia’s operations in Europe. 17 September 2020
News
AXIS Capital Holdings will pay a quarterly dividend of $0.41 per common share on October 15, 2020, to shareholders of record at the close of business on October 2, 2020. 17 September 2020
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