Aon has stated that Bermuda-based Peter Mullen, chief executive officer of Aon Captive and Insurance Management, is stepping down from his role, effective immediately, after seven years at the company. 26 March 2018
Bermuda-based Oil Insurance (OIL) recorded a $71.3 million underwriting loss in 2017, but said that that after factoring in net investment income and administrative expenses, OIL’s net income for the year totalled $587.7 million. 26 March 2018
Claude Lefebvre, chief underwriting officer, partnerships & casualty reinsurance at Hamilton Re, is to leave the company to pursue other interests. 23 March 2018
Argo Insurance Bermuda, an international underwriter of specialty insurance and reinsurance products and part of Argo Group International Holdings, has created a new wage and hour (W&H) liability insurance product. 23 March 2018
AM Best has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A- (Excellent) and the long-term issuer credit rating (long-term ICR) of “a-” of Canopius US Insurance. 23 March 2018
XL Catlin has adopted an online claims reporting tool in the North America with the intention of helping clients quickly and easily submit notification of their Marine insurance claims. 22 March 2018
Maiden Holdings has expanded its technology innovation initiative by establishing a customer focused innovation solutions team across all the company’s critical client functions. 22 March 2018
Board diversity, female leadership, cyber risk, blockchain and climate change are amongst the leading topics for discussion at the 14th Bermuda Captive Conference this year. 21 March 2018
Aon Benfield is expanding and updating the management structure of its Bermuda team to optimise what it says are the increasing opportunities for clients and markets to deploy capital and expertise on the island. 20 March 2018
