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Ed Broking to open Bermuda office in 2019; reveals new CEO

Wholesale and specialty reinsurance broker Ed is planning to open an office in Bermuda some time in 2019. 10 December 2018

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Former Aspen chief actuary joins ArgoGlobal

Argo Group’s Lloyd’s insurer ArgoGlobal has appointed Paul Lucas as chief actuary, international. 3 December 2018

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AIG gets green light for Brexit restructuring plans

American International Group (AIG) has received approval from the High Court of England & Wales to transfer its European business into two new entities, American International Group UK (AIG UK) and AIG Europe (AESA), ahead of Brexit. 26 October 2018

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Sirius forms new management committee

Global multi-line re/insurer Sirius International Insurance Group has announced several key promotions and the formation of a new management committee that will be responsible for the oversight of its day-to-day business operations. 11 September 2018

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How to avoid the potholes

As the Bermuda M&A bubble shows little sign of bursting, Alan Bossin, partner at law firm Appleby, offers predictions on what else we should expect this year and suggests that good due diligence at the outset of the transaction can help avoid bumps in the road. 13 April 2018

ILS

ABIR to address Bermuda's future in 25th anniversary leadership forum

The Association of Bermuda Insurers and Reinsurers (ABIR) is bringing together distinguished past leaders with current chief executives of Bermuda's global insurance market in a leadership forum to market ABIR's 25th anniversary this summer. 4 April 2018

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Argo Group releases Q4 2017 loss estimates

Argo Group International Holdings has announced a preliminary pre-tax catastrophe loss estimate for the three-month period ended December 31, 2017 of $34-$38 million, net of ceded reinsurance recoverables, reinstatement premiums and expected profit commissions. 24 January 2018

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Qatar Re gets green light for London operations

Bermuda-based Qatar Reinsurance Company has been authorised by the Prudential Regulation Authority to carry out certain regulated activities in the UK from its branch office in London. 11 January 2018

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Conyers Dill & Pearman appoints new COO

Conyers Dill & Pearman has named Paul Naylor as its new chief operating officer. He will assume the role on 1 April, succeeding Stephen DeSilva who is set to retire on 31 March, after more than 25 years with the firm. 11 January 2018

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Hamilton Underwriting hires new head of casualty

The Lloyd’s operation of Bermuda-based Hamilton Insurance Group has hired a new head of casualty from Novae Insurance. 15 December 2017

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