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ILS
Markel Corporation and Bermuda-headquartered Nephila Holdings have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila.   31 August 2018
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AM Best has placed the financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit ratings (Long-Term ICR) of “a-” of Maiden Reinsurance, and its affiliate, Maiden Reinsurance North America (MRNA), under review with negative implications.   31 August 2018
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Sirius International Insurance Group and Easterly Acquisition have announced that they have amended their merger agreement.   31 August 2018
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PartnerRe has announced that as from September 1, 2018, Brian Dowd will succeed John Elkann as chairman of the company’s board of directors. Elkann, who is chairman and chief executive officer (CEO) of EXOR, will remain on the Board.   31 August 2018
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Maiden Holdings has sold the renewal rights in respect of its US treaty reinsurance underwriting business to Transatlantic Reinsurance.   30 August 2018
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AXIS Insurance has announced that James “Jay” Hamilton has been appointed to the newly created role of global head of accident & health insurance, effective immediately.   30 August 2018
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Hiscox has announced that Ross Nottingham has been promoted to the post of chair of North America for Hiscox Re & ILS.   29 August 2018
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Offshore law firm Carey Olsen Bermuda has announced that Gavin Woods will join its corporate practice.   29 August 2018
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Aspen Insurance Holdings has announced that it has entered into a definitive agreement under which it will be acquired by investment funds managed by affiliates of Apollo Global Management.   28 August 2018
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The Bermuda Monetary Authority (BMA) has hired Moad Fahmi, as senior advisor, supervision (financial technology), adding that he will be responsible for the supervision of digital asset businesses under the Digital Asset Business Act 2018.   28 August 2018

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