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Chris Fagan, the co-founder of Catalina Holdings, is stepping down as chief executive of the re/insurer. He will be succeeded by Bruce Hemphill, the current chair of Catalina’s board, who has been working alongside Fagan since 2019. 2 February 2021
News
Private equity group KKR & Co has closed its acquisition of Global Atlantic Financial Group, the US-based retirement and life insurance company with operations in Bermuda. 2 February 2021
News
Broking technology firm Marrikel has rebranded as Re Square and partnered with The Numerical Algorithms Group (NAG), offering its auction technology to brokers who wish to provide auctioning capabilities in-house. 2 February 2021
News
Insured losses from major natural catastrophes amounted to around $78 billion in 2020, according to Willis Re. 2 February 2021
Life
AXA XL Insurance has appointed Caroline Tran as product leader for political risk, credit and bond (PRCB) in Europe. 1 February 2021
Life
Argo Group International Holdings has named Tom McCartney as group head of ceded reinsurance. 1 February 2021
News
NARDAC, the specialist energy and infrastructure insurance broker, has hired Robert Bates as head of claims and Tom Harries as partner. 1 February 2021
Life
AXIS Re has named Katie Partington Howarth as chief underwriting officer and head of the reinsurance products division. 29 January 2021
News
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has held a diversity and inclusion training seminar to educate its members about unconscious bias in the workplace. 29 January 2021
News
AM Best has withdrawn Catlin Indemnity Company’s (CIC) financial strength rating of A+ following its acquisition by Root and Root Stockholdings. 29 January 2021
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