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AXA XL has joined Pool Re, a British terrorism reinsurer, on the placement of its new retrocession programme covering non-damage business interruption (NDBI) losses. 8 July 2019
ILS
The days of hard markets that last for years could have come to an end, according to Dominik Hagedorn, partner at Tangency Capital, a fund investing in the reinsurance sector. 8 July 2019
News
Carribean Catastrophe Risk Insurance Facility (CCRIF) SPC and the World Bank have issued Grenada and Saint Lucia with the Caribbean Oceans and Aquaculture Sustainability Facility (Coast) policy. 5 July 2019
Life
Everest Insurance International has appointed Martin Leeks to its Lloyd’s Syndicate 2786 as a medical malpractice and multi-national / specialty underwriter. 5 July 2019
News
The Bermuda Police Service has issued an arrest warrant for the former CFO of Hiscox services, Yuval Abraham, following a complaint from the re/insurance group. 4 July 2019
ILS
The market is increasingly factoring in the benefits of structured finance but potentially under-appreciating the risks, according to Jefferies, a US bank, writing in an equity research note on Hannover Re. 4 July 2019
Life
Fidelis has appointed Philip Vandoninck, its head of international underwriting, to CEO of Socium, its newly branded partnership pillar. 4 July 2019
News
Accredited Surety and Casualty Company (ASCC), a subsidiary of Randall & Quilter Investment Holdings, has signed a loss portfolio transfer (LPT) agreement with Northern California Regional Liability Excess Fund (NCR) and Statewide Association of Community Colleges (SWACC). 3 July 2019
Life
Global re/insurer MS Amlin has appointed Rob Houghton as chief operating officer. He is expected to start in his role by mid-October and will be part of the executive team, reporting to the CEO, Simon Beale. 3 July 2019
News
The Bermuda Monetary Authority (BMA) has proposed amendments to the rules governing annual filing requirements for insurers. 2 July 2019
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