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Randall & Quilter II Holdings, a wholly owned subsidiary of Bermuda-based Randall & Quilter Investment Holdings, has signed an agreement to acquire the entire issued share capital of Inceptum Insurance Company. 19 August 2020
Life
International General Insurance Holdings (IGI) has appointed Brian James as class underwriter for cargo. 18 August 2020
News
Monument Re has reached an agreement with Allianz Benelux (Belgium) that will see Allianz transfer a closed book of classical life retail insurances and 4.500 mortgage loans to Monument Assurance Belgium (MAB). 18 August 2020
News
Xceedance, the Bermuda-based technology and consulting company, has partnered with BriteCore, a provider of next-generation core software solutions for insurers. 18 August 2020
Life
AXIS Re has hired Sue Ringold and Bill Orendorf, effective immediately. 17 August 2020
News
Blue Capital Reinsurance Holdings has announced the notification of an aggregate catastrophe loss related to Hurricane Irma in 2017. 17 August 2020
News
DARAG North America has closed the loss portfolio transfer transaction with Hallmark Financial Services within its newly established cornerstone North American insurer, DARAG Bermuda. 17 August 2020
News
Enstar Group has entered an exchange agreement with Trident V and its affiliated funds, managed by Stone Point Capital. 17 August 2020
ILS
New issuance spread in the insurance linked securities (ILS) market widened by 20-30 percent due to the impact of the COVID-19 pandemic, according to the latest report on the ILS market by Swiss Re. 17 August 2020
News
The Bermuda Monetary Authority (BMA) is consulting with the industry as it looks to strengthen its enforcement process. 17 August 2020
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