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Sirius International Insurance Group has announced that it has acquired ArmadaCorp Capital, (ArmadaGlobal), a provider of supplemental healthcare insurance products and administration services in the US. 4 April 2017
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Axis Capital Holdings has appointed Rhonda Lohmar to the post of vice president, US Programs, for Axis Insurance’s property and casualty team. 4 April 2017
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The reinsurance industry saw rate reductions in the April 1 reinsurance renewals that ranged from flat to mid-single digit reductions, an improvement on the low double digit range seen a year before, according to broker Willis Re. 3 April 2017
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A new report by consultancy firm Accenture claims that artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016. 3 April 2017
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Everest Re Group subsidiary Everest Insurance has expanded its inland marine team with the hiring of Tom Warner, Timothy Janeway and Mike Lewis. 31 March 2017
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Catastrophe management is at the head of the agenda for a new event being organised by Aon Benfield on Bermuda in May. 31 March 2017
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Re/insurers in the Bermuda market are facing a challenging market at the moment, according to rating agency AM Best. 30 March 2017
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Aspen Insurance Holdings has released its view on the estimated financial impact of the recent UK Ministry of Justice decision to decrease the discount rate used to calculate lump sum awards in UK bodily injury cases, better known as the Ogden rate. 30 March 2017
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Everest Re Group has announced that former AIG executive Christopher McKeon has joined Everest Insurance as the new leader of its commercial casualty unit within the risk management group. 29 March 2017
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Sompo has completed its acquisition of Endurance Specialty Holdings after getting the green light from regulators. The company paid a total of $6.3 billion to acquire 100 percent of the outstanding ordinary shares of Endurance. 29 March 2017
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