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ArgoGlobal, which is a part of Argo Group, has announced the appointment of Alfredo Alonso as chief underwriting officer for Europe, Middle East and Asia. 12 March 2019
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White Rock, the Aon-owned company that operates protected cell companies in Bermuda, Gibraltar, Guernsey, Isle of Man, Malta and Vermont, has expanded the concept to a seventh domicile in the District of Columbia, US. 12 March 2019
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Argo Group International Holdings has released a statement commenting on the director nominees announced last week by investor Voce Capital Management, in the latest in a series of exchanges between the two. 11 March 2019
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Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced it is supporting Bermuda’s Relay For Life fundraiser event in May. 11 March 2019
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5.8 percent shareholder Voce Capital has increased its efforts to attack Argo Group and its CEO Mark Watson III through a new website, along with presenting its nominees for election to the Argo board of directors. 8 March 2019
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In a development that could push Bermuda reinsurers into losses greater than they anticipated in the first half of the year, total economic losses from the Queensland floods in Australia are estimated at A$1.7 billion ($1.2 billion), according to Aon. 8 March 2019
ILS
Pacific Investment Management Company (PIMCO), the asset management company owned by Allianz, has expanded its ILS business with two senior hires both based in Bermuda. 7 March 2019
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Aon has given a statement that it will not acquire Willis Towers Watson, just a day after it had confirmed reports that a takeover was under consideration. 7 March 2019
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Aon, which has a substantial presence on Bermuda, has confirmed that a takeover of rival fellow insurance broker Willis Towers Watson (WTW) is under consideration. 6 March 2019
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Everest Insurance, subsidiary of Bermuda-based Everest Re Group, has appointed Ayesha West as vice president in its cyber insurance group, based in New York. 6 March 2019
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