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The Senate Appropriations Committee has adopted amendments to Assembly Bill (AB) 2167 that will see California Insurance Commissioner Ricardo Lara investigate and develop solutions to ensure affordable, accessible insurance for homeowners in wildfire areas.   24 August 2020
ABIR forms data privacy taskforce
News
The Association of Bermuda Insurers and Reinsurers (ABIR) has formed a new ABIR Data and Privacy Taskforce (ADAPT) to help ensure Bermuda meets international requirements regarding the use of personal data.   21 August 2020
News
Everest Re Group will pay a dividend of $1.55 per share on or before September 16, 2020.   21 August 2020
Life
Markel Corporation has appointed A. Lynne Puckett to its board of directors and its audit and nominating/corporate governance committees.   21 August 2020
News
Enstar Finance, a subsidiary of Enstar Group, has raised $350 million via the issue of 5.750 percent fixed-rate reset junior subordinated notes, due 2040.   21 August 2020
ILS
ILS Capital Management has completed a $57 million offering of 5.50 percent asset-backed notes, a securitisation of the residual value of trust accounts supporting reinsurance contracts, or trapped capital.   20 August 2020
News
Randall & Quilter Investment Holdings has signed its second acquisition agreement of the week with a UK insurer, The World Marine & General Insurance Company (WMG), which is BHP’s captive.   20 August 2020
ILS
Nicholas Jagoda will join Aeolus Capital Management as a partner and portfolio manager once he has fulfilled his obligations with Elementum Advisors where he is currently a partner and portfolio manager.   19 August 2020
News
Maiden Holdings reported a profit for the second quarter and first half of the year, having reported losses for both corresponding periods in 2019.   19 August 2020
News
Sompo Global Risk Solutions has partnered with Marsh & McLennan Agency (MMA) to offer a new customisable insurance product for commercial real estate owners.   19 August 2020

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