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AXIS Capital Holdings has announced that James Martin and Russ Madore have been appointed as vice presidents of US programs, within its property/casualty team. 16 May 2017
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Distributed ledger technology (DLT) and its potential use across the reinsurance industry, as well as current challenges to its broader adoption, was the focus of a recent forum organised by the Institute of Risk Management (IRM) Bermuda Group and EY Bermuda. 16 May 2017
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Hamilton Insurance Group has announced that, effective immediately, William Freda has been appointed to the position of chairman of the board and David Brown has been appointed to the position of interim group CEO. The appointments come in the wake of the resignation of Brian Duperreault, who previously held both posts, to lead AIG as its new CEO. 15 May 2017
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Severe cyberattacks such as the recent ‘WannaCry’ ransomware attack that hit the National Health Service (NHS) in the UK and Spanish telecom firm Telefonica are expected to occur more frequently, exposing protection gaps in the global economy, according to insurance experts. 15 May 2017
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Sompo Canopius, which operates in Bermuda, and Sompo Japan Nipponkoa Insurance (SJNKI) have launched a natural catastrophe risk model for North-West Australia offshore installations. 15 May 2017
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Current Hamilton Insurance Group chairman and CEO Brian Duperreault is in the running to be the new chief executive of American International Group (AIG), according to a Reuters report based on a Wall Street Journal (WSJ) story published late on May 10. 12 May 2017
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A combination of the Ogden rate changes in the UK and high natural catastrophe losses have delivered a one-two-punch to Bermudian re/insurers' earnings in the first-quarter of 2017, according to a new report from rating agency Standard & Poor’s. 12 May 2017
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Kean Driscoll has been named president of Validus Holdings, effective immediately. 11 May 2017
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Athene Holding has reported a big surge in its operating income for the first three months of the year. 11 May 2017
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AXIS Capital Holdings has revealed that current AXIS Insurance chief operating officer Peter Vogt will become chief financial officer from January 1, 2018. 11 May 2017
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