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Hiscox Re & ILS, has increased its total assets under management in its insurance-linked securities platform Kiskadee Investment Managers to $1.5 billion, and launched a new fund to allow investors to access primary insurance lines. 25 February 2019
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Skuld Mutual Protection and Indemnity Association (Bermuda), a specialist in marine insurance products has appointed Tawana Tannock as managing director. 22 February 2019
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Specialty re/insurer Argo Group has expanded its board with the appointment of two new independent directors, Samuel Liss and Tony Latham. 22 February 2019
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Bermuda-based Sirius Group had a particularly challenging end to the year with substantial cat losses, in particular carried over from Typhoon Jebi, which it expects has created a market-wide loss in excess of $10 billion - double the size of previous estimates. 22 February 2019
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Former Markel CATCo CEO Anthony Belisle and Bermuda CEO Alissa Fredricks have both filed court cases against Markel for wrongful termination, accusing them of invading their privacy and formulating a plan to create an excuse for their dismissals. 22 February 2019
ILS
New Ocean Capital Management, the ILS fund manager of AXA XL, has increased its assets under management (AUM) to just over $1 billion at year-end 2018, following the the share buyout from AXA XL. 21 February 2019
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Arch Capital Group has appointed Janice Englesbe as senior vice president, chief risk officer (CRO). 21 February 2019
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Bermuda-based re/insurer PartnerRe has appointed Jacques Bonneau to its board of directors. 21 February 2019
ILS
Against a backdrop of 18 months of above average industry losses, Swiss Re expects investors will likely want to see rates harden in 2019, especially for loss impacted tranches. 20 February 2019
News
Everest Insurance, the primary insurance operations of Bermuda-headquartered reinsurer Everest Re Group, has appointed Kevin Flaherty as director of its retail property team in the US East region. 20 February 2019
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