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Insured nat cat losses of $78bn for 2020 could have been much worse: Willis Re

Insured losses from major natural catastrophes amounted to around $78 billion in 2020, according to Willis Re. 2 February 2021

Life

Tran joins AXA XL to strengthen its political and credit team in Europe

AXA XL Insurance has appointed Caroline Tran as product leader for political risk, credit and bond (PRCB) in Europe. 1 February 2021

Life

Argo appoints McCartney as group head of ceded reinsurance

Argo Group International Holdings has named Tom McCartney as group head of ceded reinsurance. 1 February 2021

News

NARDAC makes two hires, eyes European expansion

NARDAC, the specialist energy and infrastructure insurance broker, has hired Robert Bates as head of claims and Tom Harries as partner. 1 February 2021

Life

AXIS Re names Partington Howarth CUO, head of reinsurance products

AXIS Re has named Katie Partington Howarth as chief underwriting officer and head of the reinsurance products division. 29 January 2021

News

BILTIR holds diversity and inclusion training on unconscious bias

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has held a diversity and inclusion training seminar to educate its members about unconscious bias in the workplace. 29 January 2021

News

AM Best withdraws rating for Catlin Indemnity Company

AM Best has withdrawn Catlin Indemnity Company’s (CIC) financial strength rating of A+ following its acquisition by Root and Root Stockholdings. 29 January 2021

Life

Colao named AXA XL’s global chief underwriting officer for cyber

AXA XL has appointed Michael Colao as global chief underwriting officer for cyber. 28 January 2021

Life

MS Amlin Underwriting hires a CRO and a chief actuary

MS Amlin Underwriting (MSAU), the speciality Lloyd’s re/insurer, has named Vishal Desai as chief risk officer and Catherine Scullion as chief actuary. 28 January 2021

Re/insurance

Conduit Re: now is a great time to be a Bermudian startup

Conduit Re is notable among recent re/insurance startups for being the only one to have announced its arrival with a large scale IPO. Bermuda:Re+ILS spoke to its senior management duo to find out why investors were so enthusiastic. 28 January 2021

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