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Life

IGI strengthens its London marine underwriting team

International General Insurance Holdings (IGI), the international specialist commercial re/insurer has named Vickie Fox as underwriter for ports and terminals, strengthening the London marine team. 16 December 2019

Life

Cargo, specie and terrorism underwriter returns to Markel

Markel International has appointed Brook Styles as cargo, specie and terrorism underwriter in London. 13 December 2019

News

Apollo and Athene complete acquisition of parts of PK AirFinance

Apollo Global Management and Athene Holding have closed their acquisition of aviation lending business PK AirFinance from GECAS, GE Capital’s aviation services unit. 13 December 2019

News

Five Argo board members to step down

Five members of Argo Group’s board will retire at the 2020 annual general meeting of shareholders (AGM), with the AGM also brought forward to “as early as March,” having been originally scheduled for May. 13 December 2019

News

Convex, Convex Re awarded A- ratings from S&P

Bermuda-based Convex Re and UK-based Convex Insurance have both been awarded financial strength ratings of A- with a stable outlook from S&P Global Ratings. 12 December 2019

Life

AXA XL strengthens environmental underwriting team in New York

AXA XL has hired Odette Novoa and Erica Delaney as senior underwriters in its environmental insurance team in New York. 12 December 2019

News

AXA XL and Slice enhance Microsoft’s cyber coverage

AXA XL has partnered with Slice Labs, the on-demand insurance cloud technology provider, and Microsoft, to improve cyber health and mitigate risks for some Microsoft customers. 12 December 2019

News

Chubb urges US Congress to pass USMCA

Chubb has urged the US Congress to pass the United States-Mexico-Canada Agreement (USMCA), which it said “will preserve and enhance the important trading relationships that underlie prosperity and the free flow of goods and services across North America.” 12 December 2019

News

Monument Re acquires Cattolica Life

Monument Re has acquired Cattolica Life DAC, an Irish life insurer, from Cattolica Assicurazioni, the Italian insurer listed on the Milan Stock Exchange. 11 December 2019

News

NAIC grants Bermuda reciprocal jurisdiction status

The National Association of Insurance Commissioners (NAIC) has granted Bermuda reciprocal jurisdiction status, effective January 1, 2020. 11 December 2019

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