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In a development sure to catch the eye of the Bermuda insurance-linked securities (ILS) market, CCR Re has set up the first reinsurance sidecar domiciled in France, marking the first ILS vehicle governed by French law. 28 March 2019
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Oil Insurance Limited (OIL), a Bermuda-based mutual insurance company, declared a dividend in the aggregate amount of $250 million to all of its shareholders despite having a challenging 2018. 28 March 2019
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In an ongoing dispute, Voce Capital Management, 5.6 percent shareholder of Argo Group, has questioned the legality of the Bermuda re/insurer's appointment of two independent directors, Samuel Liss and Tony Latham, to its board. 28 March 2019
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Bermuda once again finds itself on the European Union’s so-called ‘blacklist’, but the government is committed to laying the groundwork for removing the jurisdiction from this list as soon as possible. Bermuda Re+ILS reports. 28 March 2019
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Bermuda-based Argo Group has advised shareholders in its scheduled annual general meeting to vote against board nominations and proposals to remove existing board members put forward by 5.8 percent shareholder Voce Capital Management. 27 March 2019
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Property and casualty re/insurer Chubb Bermuda has appointed Richard Porter as senior vice president, head of financial lines. 27 March 2019
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Property and casualty re/insurer Watford Holdings anticipates it will start trading on the Nasdaq Global Market on March 28, having filed its registration statement with the US Securities and Exchange Commission. 27 March 2019
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Hamilton Insurance Group has announced several executive-level appointments and developments. 26 March 2019
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Monument Re has announced that it has completed the acquisition of Robein Leven and its subsidiaries following receipt of regulatory approval by the De Nederlandsche Bank. 26 March 2019
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International General Insurance Holdings, which owns reinsurer IGI Bermuda, has announced that it made a profit of $26.47 million for the 2018 financial year. 25 March 2019
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