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Blue Capital Reinsurance has seen its net assets in liquidation decline by $6.1 million in the current quarter, largely driven by a special distribution to shareholders of $6.5 million that will be paid on July 30, 2020. 28 July 2020
Life
Canopius has named Stephen Pike as head of its credit and political risk team, within the credit, political and crisis division. He was previously an underwriter of credit and political risk. 28 July 2020
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Bermuda’s Ministry of Labour will amend the eligibility for a One Year Residential Certificate (OYRC), enabling applications from people who are able to work remotely from Bermuda. 27 July 2020
Life
AXA XL has named a new leadership team for the UK and Lloyd’s region as it realigns its operating model following a strategic review. 27 July 2020
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The Bermuda Business Development Agency (BDA) has launched a creative campaign for digital and print media called Bermuda Central, promoting the island among international executives, investors, advisors and decision-makers across key overseas markets. 27 July 2020
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The division of Everest Re Group has appointed a new CEO and COO. 24 July 2020
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The executive is also the son of Fred Reiss, the founder of the captives industry. 24 July 2020
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The reinsurer also said the pandemic could have a meaningful impact on revenue in the future. 24 July 2020
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AkinovA hosted its first ‘Ask The Experts’ private event and Q&A evening in May, bringing together some of the insurance, forensics, capital markets, modelling and legal industries’ leading experts on cybersecurity. Bermuda:Re+ILS summarises some of the points made at the event. 23 July 2020
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Global natural disaster events during 1H caused $75bn of total economic losses. 23 July 2020
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