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Nat cat losses down but insured losses up compared to 10-year average: Aon

Global natural disaster events during the first half of 2021 caused around $93 billion in total economic losses, down 32 percent on the 10-year average of $136 billion, according to Aon’s Global Catastrophe Recap: First Half of 2021 report. 22 July 2021

Life

Chubb promotes exec to lead P&C insurance in LatAm

Chubb has named a new head of property and casualty (P&C) for its general insurance operations in Latin America. 22 July 2021

Life

Hiscox names new CEO with Masojada to step down at end of 2021

Bronek Masojada will retire from his role as chief executive officer (CEO) of Hiscox at the end of 2021. 22 July 2021

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PartnerRe becomes first reinsurer to adopt iPipeline’s SSG Digital Platform

PartnerRe has adopted iPipeline’s SSG Digital Platform to grow its global protection portfolio, marking the fintech’s first platform integration with a reinsurer. 22 July 2021

Life

ABIR hires Bermuda College business administration student as intern

The Association of Bermuda Insurers and Reinsurers (ABIR) has hired a new intern. 22 July 2021

Life

Oneglobal names former Aon Global exec as chairman in Bermuda

Oneglobal Broking has named a new chairman for its business in Bermuda. 21 July 2021

News

Argus makes charitable donations to 17 Bermuda-based organisations

Argus Group Holdings has distributed $170,000 to 17 Bermuda-registered charities for the 2022 fiscal year. 21 July 2021

article

BMA reshuffles management team as it prepares for life without Cox

Bermuda’s Ministry of Finance has named a new chairman of the board at the Bermuda Monetary Authority (BMA). 20 July 2021

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BMA licenses six re/insurance entities in June

The Bermuda Monetary Authority (BMA) registered six new re/insurance entities in June. 20 July 2021

News

Vantage acquires US-based surplus lines insurer to expand US presence

Vantage Group Holdings, the specialty re/insurance group that launched in 2020, has acquired an Illinois-domiciled domestic surplus lines insurance company that is licensed in 47 states. 20 July 2021

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