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AXIS Capital Holdings has announced that Anne Kelly has been appointed global head of ceded reinsurance. 14 August 2018
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Armour Group has announced two senior appointments, as a part of what it described as its continued growth strategy and execution of its global build-out for new business sourcing and new product development. 13 August 2018
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AM Best has stated that the financial strength rating of A- (Excellent) and the long-term issuer credit rating (ICR) of “a-“ of Maiden Reinsurance and Maiden Reinsurance North America, both subsidiaries of Maiden Holdings, are unchanged after its recent strategic review, along with leadership changes. 13 August 2018
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Bermuda re/insurer Maiden Holdings has announced a shake-up of its senior management under which Patrick Haveron, the boss of its reinsurance operations, will take a much more prominent role in the business and Lawrence Metz, its general counsel and secretary, take the overall reins. 10 August 2018
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Bermuda re/insurer Maiden Holdings made further losses in the second quarter of 2018 and its gross written premiums also dipped as it continues to grapple with the impact of the operational changes taking place in underlying claims associated with AmTrust, a significant part of the portfolio. 10 August 2018
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The importance of fintech and the potential for Bermuda to install an undersea cable 'corridor' in Bermuda waters, which could make Bermuda a hub for trans-Atlantic fiberoptic links, were two of the ideas the Bermuda Business Development Agency (BDA) will now explore following the submission of BDA-funded research papers on economic diversification. 10 August 2018
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Bermuda re/insurer Hiscox has formed a partnership with an artificial intelligence startup that it hopes will improve the speed, accuracy, and cost of processes in its business. 9 August 2018
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Bermuda’s re/insurers will have been heartened by the findings of a recent report that suggests that commercial insurance pricing globally is continuing to rise steadily – if not dramatically – buoyed mainly by improvements in the pricing of property lines. 9 August 2018
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Law firm Carey Olsen Bermuda has appointed a senior associate with experience working in both the Bermuda Monetary Authority and the Regulatory Authority of Bermuda into its litigation team. 9 August 2018
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Aspen Insurance Holdings has announced that Emil Issavi, president and chief underwriting officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect. 8 August 2018
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