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Chubb shareholders have approved a 2.6 percent increase in the re/insurer’s dividend, to $3.20 per share annually, or $0.80 per quarter, from $3.12 per share per year, or $0.78 per quarter, previously. 21 May 2021
News
International General Insurance (IGI) returned to profitability in the first quarter of 2021, turning around the small loss it reported in the same period the previous year, as it announced plans to expand its operations in Europe. 21 May 2021
Life
AXA XL has donated $40,000 to the Bermuda Hospitals Charitable Foundation (BHCF) to support the COVID-19 vaccination clinic at King Edward VII Memorial Hospital. 20 May 2021
Life
Markel Corporation has promoted Kelly Castriotta to managing director and global cyber underwriting executive. 20 May 2021
Life
Ascot has appointed Brendan Walsh as executive vice president and head of property for Ethos Specialty, its wholly owned managing general underwriter (MGU). 19 May 2021
Life
Sompo International Holdings has recruited Billy Moore as senior vice president of agency management for AgriSompo North America, Sompo International’s North American crop insurance platform. 19 May 2021
Life
International General Insurance Holdings (IGI) has hired Emily Clapham as senior underwriter for its recently announced contingency business. 19 May 2021
Life
Price Forbes has hired Nicolas Bardon as executive vice president in Bermuda. 19 May 2021
News
Producers National Corporation (PNC), which counts ILS Capital as its major shareholder, has selected SS&C SmartSource to manage accounting and operations across its alternative and fixed income investment portfolios. 19 May 2021
Life
Tom Albright is stepping down from his role as chief executive officer (CEO) of both Bittrex Global and Bittrex Global Bermuda, the cryptocurrency trading platforms and digital wallet providers. 19 May 2021
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