News

News

AXA XL’s US art prize opens for submissions

AXA XL has launched the fourth edition of the AXA Art Prize which is open to figurative paintings, drawings and prints created by undergraduate and graduate art students.   25 January 2021

News

Bermuda executives contribute to new book on private trust companies

Carey Olsen, Appleby and Meritus Trust Company in Bermuda have contributed to a new book, Private Trust Companies: A Handbook for Advisers, with articles highlighting Bermuda’s advantages as a jurisdiction for hosting private trust companies.   25 January 2021

News

New reinsurance licence signals Canopius Re’s Bermuda ambitions

Canopius Re’s new class four reinsurance licence allows it to expand the scope and ambition of its Bermuda operation, from one that primarily supported other entities in the Canopius Group to one that will underwrite risk for third parties. Bermuda:Re+ILS reports.   22 January 2021

Life

Catalina makes two appointments to its UK boards

Catalina’s UK subsidiary has appointed Anthony Mason as chair, and Penny Shaw as non executive director, of its UK boards.   22 January 2021

News

Arch Capital estimates catastrophes will cost around $160m in Q4 2020

Arch Capital Group has warned that catastrophe events like Hurricanes Delta and Zeta that occurred during Q4 2020 will have negatively impacted its results for that quarter.   22 January 2021

News

Sompo partners with Flock to provide insurance coverage for drones

Sompo International Holdings has entered into a long-term partnership with Flock, a UK insurtech that provides data-driven insurance solutions to commercial drone operators.   21 January 2021

News

AXA XL appoints chief data and analytics officer in London

AXA XL has appointed Ashok Krishnan as chief data and analytics officer in London.   21 January 2021

News

BMS builds up its treaty reinsurance capabilities with hire

BMS Group has named Kevin Gordon as senior vice president for treaty reinsurance, as it seeks to expand its presence in the US treaty reinsurance market.   21 January 2021

News

Bermuda’s re/insurers well positioned as market conditions improve: Fitch

Bermuda re/insurers are positioned to benefit from recovering market conditions in 2021, according to Fitch Ratings, with higher-than-expected catastrophe losses and coronavirus-driven claims driving premium rate increases.   21 January 2021

News

Bermuda prepares for International Technology Summit in February

Bermuda will host The International Technology Summit on the week commencing February 1, 2021, bringing together innovators, regulators and executives from Bermuda, Canada, and other countries in a virtual environment as well as in-person workshops.   21 January 2021

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