News

News

Sompo announces high level changes

Sompo is reorganising its group structure and is to create the position of group chief operating officer (COO) from Jan. 1, 2019.   18 December 2018

News

Integro sees US operations bought by EPIC

Californian company EPIC Holdings is acquiring the US operations of insurance broker and risk manager Integro Group Holdings.   18 December 2018

News

Ascot boosts marine team with hires from Navigators

Bermuda-based Ascot has boosted its US marine team with two new hires that will expand its geographic footprint on the West Coast.   17 December 2018

News

BMS boosts Bermuda team with hires from Price Forbes and JLT Bermuda

Re/insurance broker BMS Group has hired executives from Price Forbes and JLT Bermuda to help it boost its operations on Bermuda, saying it wants to offer local market knowledge rather than operate remotely.   17 December 2018

News

Catalina acquires $2bn employers’ liability portfolio from Zurich

Bermuda run-off specialist Catalina Holdings has completed a $2 billion deal with Zurich Insurance – its first big deal since it raised a $700 million in October and affiliates of Apollo Global Management became its majority shareholder.   17 December 2018

News

AM Best affirms ratings of Chubb subsidiaries

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the North American property/casualty subsidiaries of Chubb.   14 December 2018

News

AXIS Insurance expands cyber underwriting team

AXIS Capital Holdings subsidiary AXIS Insurance has hired Andrew Maher as senior cyber underwriter.   14 December 2018

News

California insurance commissioner reveals initial wildfire damage estimate

California’s insurance commissioner Dave Jones has revealed that the recent wildfires in California will cause some $9 billion in insured losses, making them the deadliest and costliest wildfire catastrophes in California's history.   13 December 2018

News

S&P revises AXIS Capital outlook to stable

S&P Global Ratings has revised its outlook to stable from negative and affirmed its 'A-' long-term issuer credit and senior debt ratings on Bermuda-based AXIS Capital Holdings.   13 December 2018

News

First Bermuda ICRMC event hailed as a success

The first Bermudian edition of the International Cyber Risk Management Conference (ICRMC) was held over two days at the Hamilton Princess Hotel & Beach Club in Bermuda.   13 December 2018

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