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Artex, the Bermuda-based alternative risk management subsidiary of Arthur J Gallagher, has positioned itself for growth in the alternative risk market, and has updated its logo and brand platform. 11 July 2016
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Aspen Insurance has appointed Sean McPhillips as senior vice president (SVP), head of US primary casualty. 11 July 2016
ILS
Broker-dealer Swiss Re Capital Markets has structured and placed the issuance of $100 million of insurance-linked securities (ILS) by Laetere Re on behalf of United Property & Casualty Insurance Company, Family Security Insurance Company and Interboro Insurance Company, known collectively as UPC. 8 July 2016
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Lancashire Holdings, a Bermuda specialty re/insurer, has appointed Robert Lusardi as its non-executive director, effective immediately. 8 July 2016
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PartnerRe has made a series of appointments to coincide with its restructuring into three main business segments: property/casualty, specialty, and life and health. 7 July 2016
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Ironshore International has appointed Jörg Eickstädt as head of direct and facultative property, who will be based in London. 7 July 2016
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Harrington Reinsurance Holdings, along with its subsidiary Harrington Re, has raised approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital and an approximately $50 million equity investment by affiliates of The Blackstone Group. 6 July 2016
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XL Catlin’s reinsurance operations has relocated Christophe Chandler from Bermuda to take up the position of head of specialty reinsurance in London. 6 July 2016
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Standard & Poor’s Ratings Services (S&P) has reaffirmed the A- financial strength rating for International General Insurance Company Bermuda (IGI). 5 July 2016
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Lloyd’s insurer ArgoGlobal, a subsidiary of the Bermuda-based Argo Group, has appointed Darren Long as cargo underwriter, effective immediately. 5 July 2016
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