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Aspen Insurance Holdings reported a loss for the full year in 2020 but reduced the size of the loss considerably compared to the previous year, insisting that its underlying performance, discounting the impact of COVID, offered signs of encouragement. 31 March 2021
News
Starr Insurance Companies, which has operations in Bermuda as well as the US, Europe and Asia, has unveiled Environmental Shield, a customised environmental insurance product. 31 March 2021
News
AM Best has assigned Cedar Hamilton a financial strength rating (FSR) of A (excellent) with a stable outlook. 31 March 2021
ILS
Arch Mortgage Insurance Company (Arch MI) has secured over $643 million of indemnity reinsurance on a pool representing approximately $38 billion of mortgages from Bellemeade Re 2021-1, a special purpose reinsurer. 31 March 2021
Re/insurance
As RenaissanceRe places its new ESG strategy at the heart of its operations, chief risk officer Ian Branagan tells Bermuda:Re+ILS how the strategy was created and why it matters now more than ever. 31 March 2021
Life
Everest Re Group has appointed Anne Rocco as senior vice president and group chief transformation and shared services leader. 30 March 2021
Life
Hiscox has appointed Lara Frankovic as line underwriter for general liability. 30 March 2021
News
Wilton Re will acquire Allstate Life Insurance Company of New York (ALNY) for $220 million. 30 March 2021
News
Secondary peril events accounted for 71 percent of natural catastrophe insured losses in 2020, according to Sigma research conducted by the Swiss Re Institute. 30 March 2021
News
The Association of Bermuda Insurers and Reinsurers (ABIR) has welcomed Conduit Reinsurance, Canopius Reinsurance and Mosaic Insurance as its newest members. 30 March 2021
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