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Pacific Investment Management Company (PIMCO), the asset management company owned by Allianz, has appointed Michael Beck as senior vice president, ILS portfolio management. 4 April 2019
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Bermuda-based Monument Re has acquired a run-off portfolio of linked and traditional business from MetLife Europe, although financial terms of the transaction were not disclosed. 3 April 2019
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AXA XL has appointed Jennifer Minors as senior vice president, product line leader, within its Bermuda professional lines insurance business. 3 April 2019
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Specialty re/insurer Sompo International has appointed Christopher Gallagher as the Bermuda-based CEO of its commercial property and casualty business, SI Commercial P&C. 2 April 2019
ILS
Chris McKeown, the former CEO of AXA XL's Bermuda-based asset manager New Ocean Capital Management, has stepped down from his role as vice chairman and left the company to pursue other interests. 2 April 2019
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ArgoGlobal, Lloyd's insurer and member of Argo Group, has appointed Helen Donegan as head of operations for Europe, Middle East and Asia. 1 April 2019
ILS
Specialty re/insurer Brit has appointed Kristina Maffit to the property reinsurance team for Brit Global Specialty Bermuda (BGSB) as vice president. 1 April 2019
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Monument Re, a Bermuda-based reinsurer and acquirer of European portfolios, has entered into a deal to acquire a €140m ($157.2m) portfolio of Irish annuities from Rothesay Life, a UK provider of insurance solutions for pensions de-risking. 1 April 2019
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Arch Insurance International has made changes to its European operations ahead of Brexit, including expanding the classes of business it writes in the European Union and European Economic Area and adding new offices in the UK, Italy and Denmark. 29 March 2019
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Oil Insurance Limited (OIL), a Bermuda-based mutual insurance company, declared a dividend in the aggregate amount of $250 million to all of its shareholders despite having a challenging 2018. 28 March 2019
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