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Bermuda-based Validus Holdings has appointed Troy Fornof to the position of vice president of underwriting and marketing, contract division at its subsidiary Western World Insurance Company. 29 August 2017
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Argo Group International Holdings has announced that it has made a string of appointments in one of its key subsidiaries, Colony Specialty. The appointments were prompted by the departure of a leading executive and the company’s wish to bolster its digital business development team. 18 August 2017
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Reinsurance broking and consultancy firm JLT Re has appointed Nicolas Bardon as a partner in its Bermuda operation, as it continues to grow its operations on the Island. 18 August 2017
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According to the latest Marsh Global Insurance Market Index, the second quarter of 2017 was the seventeenth consecutive quarter in which commercial insurance rates declined. 17 August 2017
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Bermuda-based Arch Capital Group has announced that it has priced an underwritten public offering of 8,000,000 depositary shares, each of which represents a 1/1,000th interest in a 5.45 percent non-cumulative preferred share, series F, of the company. 17 August 2017
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Sompo Canopius, which has a significant presence on Bermuda, has appointed Stephen Pike as credit and political risk underwriter as it bids to expand on what it offers its clients. 16 August 2017
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Bermuda-based Everest Re Group has announced that Darwin Lucas has joined Everest Reinsurance Company as vice president and head of US casualty programmes for all general casualty and professional liability lines of coverage within the facultative reinsurance division. 16 August 2017
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Argo Group International Holdings has announced a new partnership with Volvo Ocean Race contenders Vestas 11th Hour Racing. 15 August 2017
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Reinsurers are now twice as likely to report an underwriting loss due to natural disaster as they were in 2012, according to a new statement from rating agency Standard & Poor’s (S&P), adding that while reinsurers' balance sheet exposure to extreme natural events remains largely unchanged, earnings exposure has increased to 0.85x from 0.69x. 15 August 2017
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Fidelis Insurance has highlighted the importance of the appointment of a chief risk officer to its board of directors. 14 August 2017
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