News

News

Sompo poaches AXA XL exec to drive diversity efforts

Sompo International Holdings, the Bermuda-based specialty property and casualty (P&C) re/insurer, has poached Allison Fingerhuth from AXA XL as vice president of global inclusive diversity and marketing and communications for international insurance.   14 April 2021

News

Another Bermudian re/insurer signs up for Ed’s etrading platform TradEd

Ed, the global reinsurance, wholesale and specialty broker, has signed up a major Bermuda-based re/insurer to TradEd, its etrading platform.   14 April 2021

News

Chubb strengthens its North America A&H team with two promotions

Chubb has made two leadership appointments in its North America accident and health (A&H) business.   14 April 2021

Life

Friends reunited as former Ironshore exec Wheeler named as co-CEO at Mosaic

Mosaic Insurance has appointed Mark Wheeler as co-chief executive officer (CEO), to work alongside fellow co-CEO Mitch Blaser.   13 April 2021

News

Axis and Fidelis provide reinsurance for Piiq insurance-backed aircraft refinancing

Axis Insurance and Fidelis Insurance have provided reinsurance to support Piiq Risk Partners' first insurance-backed aviation finance transaction.   13 April 2021

Life

Liberty Mutual Re promotes underwriter to manage its global portfolio

Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has appointed Peter Smith to the newly created role of executive vice president (EVP) and managing director.   13 April 2021

News

Insurers face estimated $1bn loss from extreme weather in the US in March: Aon

Severe convective storms and flooding in March caused an estimated $2 billion of damage in the US, according to Aon’s monthly Global Catastrophe Recap report, leaving public and private insurers with losses likely to be in excess of $1 billion.   13 April 2021

News

Assured Guaranty reaches agreement on Puerto Rico clawback credits

Assured Guaranty Municipal Corp (AGM) and Assured Guaranty Corp (AGC) have reached an agreement in principle to settle their insured exposure to Puerto Rico Highway and Transportation Authority and other Puerto Rico clawback credits.   13 April 2021

News

BMA unveils team specialising in climate change risk

The Bermuda Monetary Authority (BMA) has unveiled a new team specialising in the licensing and supervision of innovative business model proposals to address climate change risk and the associated protection gap.   12 April 2021

Life

MS Amlin appoints new head of property and allied lines

MS Amlin Underwriting (MS AUL), the Lloyd’s market re/insurer, has appointed Sam Geddes as head of the property and allied lines division.   12 April 2021

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