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Everest Insurance, part of Bermuda-based Everest Re Group, has appointed Dawn Gregg as vice president within its risk management division, based in New York. 23 April 2019
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The Bermuda Insurance Institute (BII) has introduced a number of induction seminars aimed at helping young professionals gain a better understanding of the re/insurance industry in Bermuda. 23 April 2019
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Bermuda-based specialty re/insurer Sompo International has appointed Thomas Brazil as CEO of SI Insurance (Europe), the company's platform for European Economic Area (EEA) insurance business. 23 April 2019
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Specialty re/insurer Canopius - which operates in the UK, Ireland, Netherlands, Switzerland, Bermuda, US and Singapore, has signed a deal to merge its Lloyd’s business with AmTrust at Lloyd’s. 18 April 2019
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The chief underwriter officer of Everest Insurance, Mike Mulray, has been approved as chairman of the Workers' Compensation Insurance Rating Bureau of California (WCIRB) governing committee. 18 April 2019
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Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) for BNY Trade Insurance, the Bermuda-based single-parent captive of The Bank of New York Mellon Corporation. 17 April 2019
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A subsidiary of Bermuda-based Enstar Group has agreed to reinsure $0.5 billion in US asbestos and environmental liability insurance portfolios of a subsidiary of Zurich Insurance Group. 17 April 2019
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Everest Insurance Ireland (EIID), the Dublin-based non-life insurance subsidiary of Everest Re Group, has opened a branch office in the UK to expand its international capabilities and service UK clients. 16 April 2019
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AXIS Re, the Bermuda-based reinsurance segment of AXIS Capital, has appointed Andy Hottinger as president of its EMEA LatAm division, succeeding Jan Ekberg. 16 April 2019
ILS
Bermuda’s vibrant ILS sector already faces competition from established hubs such as the Cayman Islands, Ireland and Guernsey but now, emerging domiciles such as Singapore, Hong Kong, the UK, and France are also looking to get a foothold in this market. Bermuda:Re+ILS reports. 16 April 2019
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