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PartnerRe has appointed Jonathan Colello, current North America at AXIS Re, as CEO, property/casualty Americas, and president of Partner Reinsurance Company of the US. 15 April 2019
ILS
The growth in alternative capital has slowed since its surge in late 2017 and early 2018, although it is expected to regain momentum this year as losses are developed and finalised, according to Aon’s Reinsurance Market Outlook for April 2019. 15 April 2019
ILS
An internal review into Markel's CATCo has suggested there is no evidence of 'bad faith' in how personnel acted in the setting of reserves and making related disclosures during late 2017 and early 2018. 15 April 2019
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Following the National Association of Insurance Commissioners’ (NAIC) spring national meeting, the Association of Bermuda Insurers & Reinsurers (ABIR) has encouraged the expansion of the private flood market and state regulation in the US. 12 April 2019
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Everest Insurance, subsidiary of Bermuda-based Everest Re Group, has appointed Sharone Menczel Poopor as vice president of its structured solutions group. 12 April 2019
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Third Point Reinsurance has announced two further new appointments to its Specialty Treaty division. 11 April 2019
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Velocity Ledger Holdings (VLHL) has received approval from the Government of Bermuda to conduct an initial coin offering (ICO) in accordance with the Companies Act of 1981. 11 April 2019
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Bermuda and Caribbean insurer BF&M Group has ended 2018 with a net income attributable to shareholders of $20.2 million against two challenging catastrophe years, which CEO John Wight attributes to a robust reinsurance programme and sound capital management. 10 April 2019
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Over 60 percent of the $76 billion in global insured losses from natural catastrophes in 2018 resulted from so-called “secondary” perils - small-to-mid sized events or secondary effects of a primary peril, a Swiss Re sigma study has shown. 10 April 2019
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Bermuda-based property and casualty re/insurer Third Point Re has appointed Tracey Gibbons to leads its specialty treaty portfolio as senior vice president, specialty reinsurance. 9 April 2019
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