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Hamilton Insurance Group (Hamilton), American International Group (AIG) and affiliates of Two Sigma Investments (Two Sigma) have reached an agreement to form Attune, a technology-enabled platform to serve the $80 billion US small to medium sized enterprise (SME) commercial insurance market. 28 September 2016
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Chubb’s chairman and chief executive officer (CEO), Evan Greenberg, based in Bermuda, has announced that he will resign from Coca-Cola's board of directors, effective October 1, 2016. 28 September 2016
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XL Catlin has introduced a new logistics services insurance policy to help US businesses manage the risks of storing, handling and transporting goods. 28 September 2016
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Hiscox, Bermuda-based specialist insurer, has promoted Matt Webb to group head of cyber. 27 September 2016
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American Overseas Group (AOG) has announced that it made a consolidated net loss of $12.1 million during the first half of 2016. 27 September 2016
News
Everest Insurance, a subsidiary of Bermuda-based reinsurer Everest Re Group, has appointed Maria Duffy as vice president and head of excess and surplus (E&S) casualty. 26 September 2016
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PartnerRe, a Bermuda-based reinsurer, has appointed Marcos Fugise as head of all lines of business for its Brazilian office, succeeding David Preti, outgoing head, who has requested to return to Europe. 26 September 2016
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Munich Re has completed its acquisition of Citi Holding’s Financial Reassurance Company 2010 (FRAC), a special-purpose financial insurance company based in Bermuda. 26 September 2016
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AXIS Capital Holdings (AXIS Capital), a Bermuda-based provider of specialty re/insurance, has appointed Michiko Kurahashi as chief marketing officer (CMO) and Joe Cohen as chief communications officer (CCO). 23 September 2016
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AM Best has revised the outlooks of Bermuda-based reinsurer, Citadel Reinsurance Company (Citadel Re), from stable to negative. 23 September 2016
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