Everest Re Group has announced that Darin Scanzano will join Everest Insurance as the newly appointed chief executive officer of Everest Insurance Company of Canada. 7 June 2018
Insurance industry veteran Kathleen Bibbings is the new president of the Bermuda Insurance Management Association (BIMA) following its recent annual general meeting (AGM). 6 June 2018
The Association of Bermuda Insurers & Reinsurers (ABIR) is marking its 25th anniversary with a leadership forum featuring a wide range of experts from the Bermuda insurance market. 6 June 2018
Argo Group International Holdings has rebranded its subsidiary Ariscom, which it acquired in March 2018. Ariscom is now named ArgoGlobal Assicurazioni. 6 June 2018
Sompo International Holdings has completed the acquisition of the operating subsidiaries of Lexon Surety Group, which was first announced on January 3, 2018. 4 June 2018
Fidelis Insurance Holdings has announced the creation of Socium Re, a new Bermuda-domiciled special purpose insurer designed to provide collateralised capacity support for Fidelis’ reinsurance portfolio. 4 June 2018
JLT Re has claimed that that low single-digit reinsurance rate increases were recorded at the 1 June 2018 Florida property-catastrophe renewals, once again failing to meet early market expectations. 4 June 2018
Updated forecasts for the 2018 US hurricane season predict that the North Atlantic Basin will produce average hurricane frequency relative to long-term results, according to the latest US hurricane season special report from rating agency Fitch. 4 June 2018
