News

News

Bermuda mutual OIL returns $250m to shareholders despite tough 2018

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

News

Argo urges shareholders to vote against Voce board proposals

Bermuda-based Argo Group has advised shareholders in its scheduled annual general meeting to vote against board nominations and proposals to remove existing board members put forward by 5.8 percent shareholder Voce Capital Management.   27 March 2019

News

Chubb Bermuda names financial lines head

Property and casualty re/insurer Chubb Bermuda has appointed Richard Porter as senior vice president, head of financial lines.   27 March 2019

News

Shareholder Voce doubles down on Argo criticism, presents board nominees

5.8 percent shareholder Voce Capital has increased its efforts to attack Argo Group and its CEO Mark Watson III through a new website, along with presenting its nominees for election to the Argo board of directors.   8 March 2019

News

Aon drops plans to buy Willis Tower Watson

Aon has given a statement that it will not acquire Willis Towers Watson, just a day after it had confirmed reports that a takeover was under consideration.   7 March 2019

News

Everest Insurance appoints Navigators AVP West to cyber team

Everest Insurance, subsidiary of Bermuda-based Everest Re Group, has appointed Ayesha West as vice president in its cyber insurance group, based in New York.   6 March 2019

News

Argo joins digital insurance distribution network GBN Worldwide

Specialty re/insurer Argo has joined insurance distribution network GBN Worldwide, a platform that allows members to transact international business in over 140 countries.   6 March 2019

ILS

ILS fund manager Dell'Amore joins Twelve Capital

Twelve Capital, an investment firm specialising in insurance investments and insurance-linked securities (ILS), has appointed Raffaele Dell'Amore to its Zurich office.   5 March 2019

News

Former Brighthouse COO Carlson joins White Mountains board

Bermuda-based White Mountains Insurance Group has appointed Peter Carlson to its board as a director.   4 March 2019

News

Arch appoints Rippert, Gansberg, Schmeiser to leadership roles in innovation, mortgage

Arch Capital Group has made series of strategic leadership changes to its mortgage insurance business, and named recent Global Mortgage Group CEO Andrew Rippert as chief innovation and strategic investment officer.   4 March 2019

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