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StarStone, formerly known as Torus and which is now owned by Bermuda-based Enstar, has announced the appointment of Rod O’Malley as of head of cargo in London. 12 June 2017
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Former XL Catlin executive Bobby Heerasing has been appointed as deputy group chief executive and deputy chief executive of ACR Capital Holdings’ subsidiary Asia Capital Re (ACR). 12 June 2017
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Arch Capital Group has initiated an underwritten public secondary offering, which will result in certain shareholders affiliated with American International Group selling their shares in the company. 9 June 2017
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EY in Bermuda has promoted Umer Islam, Bermuda executive director at EY, to lead its captive insurance unit on the island. 9 June 2017
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XL Catlin has boosted its global property insurance capacity to $500 million, an increase of 25 percent. 8 June 2017
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Markel Corporation has created Markel Assurance, a new insurance division combining Markel’s wholesale (excess and surplus lines) and global insurance (complex, risk-managed accounts) divisions. 8 June 2017
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XL Catlin’s insurance operations has announced that Adias Gerbaud has been promoted to the title of head international environmental. 7 June 2017
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Arch Capital Group has announced that its 2017 second quarter pre-tax underwriting income could be hit by around $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations. 7 June 2017
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Sompo Canopius, which has a significant presence on Bermuda, has appointed Will Clark as the head of its new trade credit insurance team. 7 June 2017
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Bermuda-based James River Group Holdings has announced the closing of its previously announced underwritten secondary public offering of its common shares by a number of its shareholders. 6 June 2017
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