Setting up a captive could save up to 15 percent on health premiums, according to a panelist at the Bermuda Captive Conference who is looking at using a captive to fund a manufacturing company’s benefits programme. 12 June 2019
Bermuda multi-line insurer Argus Group reported net earnings of $14.2m for the 2019 financial year, a satisfying result after the net loss of $18.6m recorded in the corresponding period in 2018. 11 June 2019
Everest Insurance, a subsidiary of Bermuda-headquartered Everest Re Group, has expanded its retail excess casualty team with the hire of Mike Ludy as director and Erin Bouren as vice president, Western territory. 10 June 2019
Specialty insurer Tokio Marine HCC (TMHCC), member of the Tokio Marine Group, has appointed Paul Knighton to its marine liability division as marine liability and logistics underwriter. 10 June 2019
Athene Holding, a provider of retirement savings products, is planning an opportunistic offering of preference shares to help fund Athene Co-Invest Reinsurance Affiliate (ACRA) – its strategic capital solution. 6 June 2019
