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A panel of academics at ILS Bermuda’s Convergence 2020 conference has slammed the re/insurance industry’s catastrophe prediction models as not fit for purpose. 7 October 2020
Life
Apex Group, the global financial services provider, has appointed Ross Webber as managing director in Bermuda to lead the business on the island. 7 October 2020
Life
Stonybrook Capital & Risk Management has hired Paul Kneuer as a managing director. 7 October 2020
News
The Bermuda Monetary Authority has published the Insurance Sector Operational Cyber Risk Management Code of Conduct to establish duties, requirements, standards, procedures, and principles for insurers and intermediaries operating in the cyber market. 7 October 2020
ILS
Convergence 2020 kicks off on October 6 in a new fully virtual format, becoming the latest event to be forced to make alternative arrangements due to restrictions on movement and gathering due to COVID-19. 6 October 2020
News
Bermuda-based Colonial Group International has rebranded itself as CG as part of an effort to harmonise its brand across all its operations and jurisdictions. 6 October 2020
News
Premia Holdings will acquire Navigators Holdings (Europe) and its associated companies, which includes Assurances Continentales – Continentale Verzekeringen of Belgium and Canal Re of Luxemburg, from The Hartford. 6 October 2020
News
Everest Reinsurance Holdings (ERH), a wholly-owned subsidiary of Everest Re Group, has priced a registered public offering of $1.0 billion aggregate principal amount of 3.500 percent senior notes due 2050. 6 October 2020
News
JBA Risk Management has launched Climate Change Analytics (CCA), a platform designed to help financial institutions and investors to understand the potential long-term impacts of climate change, and to meet regulatory requirements. 5 October 2020
News
Penrose Partners, a Canadian and Bermudian founded emerging technology consulting firm, will host The Bermuda Blockchain and Sustainability Symposium (BBSS) on October 12-13, 2020 to begin Bermuda Technology Week. 5 October 2020
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