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PartnerRe has named Hermann Pohlchristoph to its board of directors. 4 February 2021
ILS
There was a total of $11 billion of property cat bond limit placed in 2020, according to Aon’s Q4 2020 Insurance Linked Securities Update, the highest number on record for annual issuance. 4 February 2021
Life
Hiscox has appointed Stéphane Flaquet as chief transformation officer for the group, and given him a seat on the Hiscox operating committee. 4 February 2021
News
Chubb has increased the mandate for its share repurchase programme by $1 billion, taking the total limit for its programme up to $2.5 billion. 4 February 2021
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Markel saw its profits slide in 2020 but still generated a healthy income, with the global pandemic and another challenging year of unusually high catastrophe losses creating challenging circumstances for the business. 3 February 2021
News
Chubb reported strong year on year fourth quarter profit growth in 2020, as well as a healthy profit for the full year, though it had slipped from the profit generated in 2019. 3 February 2021
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Convex Group has signed up to use Praedicat’s CoMeta platform to identify, underwrite and manage complex emerging liability risks. 3 February 2021
News
Argo Group International Holdings expects to report natural catastrophe losses of approximately $38 million in the fourth quarter of 2020, primarily related to Hurricanes Delta and Zeta, as well as changes in estimated losses from third quarter 2020 events. 3 February 2021
News
Hudson Structured Capital Management, which does its re/insurance business as HSCM Bermuda, has led a $30 million series B funding round for DealerPolicy, alongside 3L Capital. 2 February 2021
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PartnerRe will pay a dividend for three classes of preferred shares on March 1, 2021, to shareholders of record on February 18, 2021. 2 February 2021
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