News

News

Clarity in changing times: Bermuda eyes new role in the aftermath of COVID-19

COVID-19 has presented a formidable challenge to companies and governments everywhere. Despite that, Bermuda has remained open for business throughout, and has demonstrated its value to CEOs and investors, says Roland Andy Burrows, CEO of the Bermuda Business Development Agency, ahead of a webinar on the topic.   15 July 2020

Life

Sompo hires Warren Diogo and Sam Bishop in renewable energy team

Sompo International Holdings has hired Warren Diogo as leader of its renewable energy team, and Sam Bishop as assistant vice president and renewable energy underwriter.   15 July 2020

News

Arch estimates cat losses for Q2 of up to $225m

Arch Capital Group has established a range of pre-tax catastrophe losses of $205 million to $225 million for Q2 2020, across its property casualty insurance and reinsurance segments.   15 July 2020

News

R&Q issues nearly 9.7m new ordinary shares in bonus share issue

Randall & Quilter Investment Holdings has issued 9,676,676 new ordinary shares of 2p each to shareholders, in accordance with a bonus share issue, approved at its annual general meeting on July 9, 2020.   15 July 2020

News

ABIR members donate more than $3m to Bermudian charities

The Association of Bermuda Insurers & Reinsurers (ABIR) member companies donated $3.1 million to Bermudian charities in the first six months of 2020.   15 July 2020

Life

AXIS strengthens US cyber and technology business with three hires

AXIS Insurance has hired Peter Smith as underwriting manager for US cyber and technology, with Emma Werth and Jessica Currier joining him as senior underwriters in the same business.   14 July 2020

Life

Arch promotes Regan Shulman to general counsel of Arch Insurance North America

Arch Insurance has promoted Regan Shulman to the role of executive vice president and general counsel of Arch Insurance North America.   14 July 2020

News

Protecdiv enters partnership with BMS Group

Protecdiv, the first tier-one minority-led re/insurance broker in the US, has entered a strategic relationship with BMS Group to enhance its service offering to property and casualty reinsurance clients.   14 July 2020

News

Hiscox signs up for Praedicat AI- driven cat risk modelling platforms

Hiscox has licensed two of Praedicat’s AI-driven liability cat risk modeling platforms, CoMeta and Oortfolio, for use within its London Market casualty business.   14 July 2020

Life

Brit appoints Andrew Thorn and Alex Brice to its private client team

Brit has appointed Andrew Thorn as a senior underwriter and Alex Brice as an underwriter in its recently launched private client team.   14 July 2020

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