News
ILS
It has been a long and sometimes winding history but Bermuda remains at the centre of the transformation of the insurance and reinsurance market, says Kathleen Faries, chair of ILS Bermuda. 9 October 2019
News
New Jersey-based insurer Agam Capital is partnering with Värde Partners, the alternative investment company, to pursue the acquisition, reinsurance and management of life and retirement businesses globally. 9 October 2019
News
James River Group Holdings (JRG) is cancelling all insurance policies issued to its largest customer, Rasier, a subsidiary of Uber, and its affiliates, from December 31, 2019. 9 October 2019
News
Argo Group International Holdings has received a subpoena from the US Securities and Exchange Commission seeking documents related to its disclosures around compensation. 9 October 2019
Life
Resolution Re, the Bermuda-domiciled reinsurance subsidiary of Resolution Life Group, has named Steve Hales as CEO. 8 October 2019
News
Athene Life Re is offering a new scholarship program in partnership with its parent, Athene Holding, and Bermuda College. 8 October 2019
News
Arch Capital Group will report third quarter 2019 pre-tax catastrophe losses of approximately $65 million to $75 million, the re/insurer has predicted, net of reinsurance recoveries and reinstatement premiums. 8 October 2019
News
Members of the Association of Bermuda Insurers & Reinsurers contributed nearly $815 million to the Bermuda economy last year, according to ABIR’s annual member survey results. 7 October 2019
Life
Allianz Global Corporate & Specialty, the corporate insurance carrier of Allianz Group, has named Hyeji Kang as global head of reinsurance and catastrophe risk management. 7 October 2019
News
Nephila Climate, the weather, climate and ESG-driven specialty division of Nephila Holdings, has become the first institution to use a proxy generation power purchase agreement (pgPPA). The transaction saw the sale of power generated by the 180MW Heart of Texas (HTX) wind farm, located in McCulloch County, Texas. 7 October 2019
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