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Aspen Insurance Holdings saw its profits plunge in the first half of 2020, which it said was largely due to the impact of COVID-19. 4 September 2020
News
Aspen Insurance Holdings will pay a quarterly dividend of $351.56 per share on its 5.625 percent perpetual non-cumulative preference shares. 4 September 2020
News
AM Best has assigned a financial strength rating of A- (excellent) to Prosperity Life Assurance Bermuda (PLA), with a stable outlook. 4 September 2020
ILS
Arch Mortgage Insurance Company (Arch MI), a subsidiary of Arch Capital, has obtained over $449 million of indemnity reinsurance on a pool representing approximately $32 billion of mortgages from Bellemeade Re 2020-2, a special purpose reinsurer. 4 September 2020
News
The COVID-19 crisis is having a profound impact on all sections of the global economy, forcing companies to rethink the most fundamental aspects of how they conduct their businesses. Bermuda:Re+ILS brings you the latest developments, demonstrating how Bermuda and its re/insurance community are adapting to cope with this challenge. 4 September 2020
News
The Bermuda Monetary Authority will take into account the challenges around holding physical board meetings in Bermuda due to COVID-19, when assessing compliance with the requirement to hold such meetings for the year ending 31 December 2020. 4 September 2020
News
Bermuda International Long Term Insurers and Reinsurers (BILTIR) will hold its seventh annual International Life & Annuity Conference virtually for the first time. 4 September 2020
Life
Ed, the global reinsurance, wholesale and specialty broker, has appointed Michael Lock as divisional director in its professional and executive risk team. 3 September 2020
News
Alan Quilter, chief executive officer of Randall & Quilter, has sold his interest in 250,000 ordinary shares in the company. 3 September 2020
Life
Sompo International Holdings has appointed Brendan Plessis as executive vice president of distribution for international insurance. 3 September 2020
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