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ArgoGlobal, the Lloyd’s insurer and member of the Bermuda-based Argo Group, will exit Syndicate 1200 underwriting operations in Asia and most of its hull underwriting business within the syndicate. 3 September 2019
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Convex Group, the specialty re/insurer with operations in Bermuda and London, has appointed Clearwater to provide cloud-based services for investment data aggregation, reconciliation, accounting, investment reporting and other daily data processing. 3 September 2019
Life
Liberty Mutual Re (LM Re) has promoted Alice Blake to senior underwriter of financial risks reinsurance. 3 September 2019
Life
Chubb has appointed Donal Corcoran as regional vice president of consumer lines for accident and health in continental Europe. 2 September 2019
Life
Aon has appointed Gero Michel to lead UK and EMEA analytics for its reinsurance solutions business. 2 September 2019
News
Hurricane Dorian has passed directly over Great Abaco Island in the Bahamas, with maximum sustained winds of 185 mph, making it a category five storm. 2 September 2019
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Capacity remains close to an all-time high in the credit and political risk commercial insurance market despite rising geopolitical tensions, according to Gallagher, the insurance broking, risk management and consulting firm. 2 September 2019
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Capsicum Re and Swiss Re have teamed up to launch Decrypt, a new holistic cyber reinsurance platform. It provides a single end-to-end solution to insurers’ cyber exposure challenges, including embedded, silent, and affirmative cyber risks. 2 September 2019
Life
Sirius Group, the multi-line re/insurer with $2.7 billion of GAAP capital, has unified its global operating structure to elevate and empower a number of key business segment leaders. It is also launching a global management committee. 30 August 2019
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Early estimates put industry losses relating to Hurricane Dorian at between $15 billion and $25 billion, according to ILS Advisers. 30 August 2019
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