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Hudson Structured Capital Management and HSCM Bermuda Management Company have announced that Jason Carne will be joining the firm as an advisor and will focus on valuation and reinsurance. 6 June 2017
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Hamilton Re has announced that it has established its first special purpose vehicle, Turing Re. The vehicle will provide collateralised capacity for Hamilton Re’s global reinsurance portfolio. 6 June 2017
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Bermuda-based re/insurer Assured Guaranty has filed an adversary complaint challenging what it described as the Commonwealth of Puerto Rico’s illegal diversion of special revenue bond collateral that secures the payment of bonds (PRHTA Bonds) issued by the Puerto Rico Highways and Transportation Authority (PRHTA). 5 June 2017
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XL Catlin has appointed Aiden Joo as senior underwriter in New York, as it announced that it is extending its structured risk solutions underwriting capabilities to the US. He will report to Rob Turner, XL Catlin’s global head of structured risk solutions in London. 5 June 2017
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Bermuda-based Colonial Group International (CGI) has announced that Naz Farrow, the current COO - Health, has been appointed designate CEO of the company, effective June 1st 2017. 1 June 2017
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Xceedance has announced that it is expanding its industry-focused consulting and managed services to support re/insurance organisations domiciled in Bermuda. 1 June 2017
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Bermuda-based Sompo International has announced that its London Market Insurance platform has reached a definitive renewal rights agreement with Novae Syndicates, trading through Lloyd’s Syndicate 2007. 31 May 2017
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The Bermuda Business Development Agency (BDA) has released a new testimonial campaign video in which senior corporate leaders praise Bermuda’s world-class talent, innovation, respected regulation, and ease of doing global business from the island. 31 May 2017
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Sirius International has acquired International Medical Group (IMG), a provider of global medical insurance products and assistance services. 30 May 2017
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The Bermuda Monetary Authority (BMA) has announced that the Insurance Licensing Advisory Committee (ILAC) will continue to review all insurance applications for registration, under the Insurance Act 1978, beyond its initial six-month term. 30 May 2017
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