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The catastrophe bond sector has surpassed $100 billion in cumulative issuance since its inception in 1996, according to Aon Securities. 10 January 2020
Life
Helix Underwriting Partners has received all necessary approvals to commence operations and has entered its first agency agreement to underwrite middle market property insurance on behalf of QBE in Bermuda. 10 January 2020
Life
Catalina Holdings has appointed Bruce Hemphill and Thomas Sorell as two new non-executive directors (NEDs) to its board. 10 January 2020
Life
Liberty Mutual Insurance has appointed Amy Gross as practice leader for private equity and mergers and acquisitions. 10 January 2020
News
Argo Marine, part of Argo Group International Holdings, has launched Contractors Equipment Express, a streamlined rate, quote and bind platform for smaller risks aimed at members of the construction industry such as landscapers, electricians, plumbers, masons and others. 10 January 2020
Life
AXIS Insurance has appointed Sam Walsh as senior underwriter and Mat Pifer as an underwriter in its renewables division. 9 January 2020
Life
Sompo International Holdings has appointed David Carter as chief underwriting officer and executive vice president of the Sompo global risk solutions (GRS) strategic business unit. 9 January 2020
News
Beazley and RenaissanceRe have teamed up to launch a new reinsurance product providing Beazley with additional catastrophe cover for cyber events. The companies say it is one of the first cyber catastrophe insurance solutions backed by the capital markets. 9 January 2020
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The Association of Bermuda Insurers and Reinsurers (ABIR) has appointed RenaissanceRe’s Edward Mishambi as chair, and Hamilton Insurance’s Gemma Carreiro as deputy chair, of its policy committee. 9 January 2020
Life
The Bermuda Monetary Authority has appointed Craig Swan as deputy chief executive officer. 8 January 2020
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