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Life
Beach & Associates has hired Warren Berkstresser as senior vice president of its US reinsurance division, Beach Re.   8 September 2020
Life
Adam Salama will join Gallagher Re as a partner in March 2021.   7 September 2020
Life
Markel Corporation has hired Kelly Castriotta as senior director of global cyber underwriting.   7 September 2020
News
Sompo International Holdings will acquire Diversified Crop Insurance Services, a subsidiary of CGB Enterprises in a deal that brings together companies with combined gross written premiums of over $2 billion for crop reinsurance in 2019.   7 September 2020
News
Aspen Insurance Holdings saw its profits plunge in the first half of 2020, which it said was largely due to the impact of COVID-19.   4 September 2020
News
Aspen Insurance Holdings will pay a quarterly dividend of $351.56 per share on its 5.625 percent perpetual non-cumulative preference shares.   4 September 2020
News
AM Best has assigned a financial strength rating of A- (excellent) to Prosperity Life Assurance Bermuda (PLA), with a stable outlook.   4 September 2020
ILS
Arch Mortgage Insurance Company (Arch MI), a subsidiary of Arch Capital, has obtained over $449 million of indemnity reinsurance on a pool representing approximately $32 billion of mortgages from Bellemeade Re 2020-2, a special purpose reinsurer.   4 September 2020
News
The COVID-19 crisis is having a profound impact on all sections of the global economy, forcing companies to rethink the most fundamental aspects of how they conduct their businesses. Bermuda:Re+ILS brings you the latest developments, demonstrating how Bermuda and its re/insurance community are adapting to cope with this challenge.   4 September 2020
News
The Bermuda Monetary Authority will take into account the challenges around holding physical board meetings in Bermuda due to COVID-19, when assessing compliance with the requirement to hold such meetings for the year ending 31 December 2020.   4 September 2020

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