News

Life

AXIS strengthens its cyber and technology team with hires in Bermuda and the US

AXIS Insurance has made two appointments to its global cyber and technology team.   22 March 2021

Re/insurance

Bermuda for life

What was once a relatively small proportion of Bermuda’s re/insurance community has grown into a large and thriving life community. As the stature of this sector has increased, so has that of BILTIR, the association that represents it. Sylvia Oliveira, its chair, spoke to Bermuda:Re+ILS.   22 March 2021

Life

BILTIR appoints Weldon, a former BMA compliance director, as executive director

Bermuda International Long Term Insurers and Reinsurers (BILTIR) has appointed veteran financial services professional Shelby Weldon as executive director, to lead its mission to advocate for Bermuda’s life and annuity industry.   22 March 2021

News

RMS unveils new suite of climate models with enhanced predictive analysis

RMS, the catastrophe risk modelling company, will launch a new suite of climate change models to assess the near and long term impacts of climate change.   22 March 2021

Life

Former Aspen executive named as CEO at Chord Re

Chord Reinsurance, the specialty reinsurer, has appointed Aspen’s former chief underwriting officer (CUO) as its new chief executive (CEO).   22 March 2021

News

Rendez-Vous de Septembre cancelled for the second year amid ongoing COVID restrictions

The Rendez-Vous de Septembre (RVS), the re/insurance industry’s annual gathering in Monte Carlo September, has been cancelled following weeks of speculation that it might take place in a different format.   22 March 2021

News

AM Best upgrades Athora Life Re as parent benefits from VIVAT acquisition

AM Best has upgraded Athora Life Re’s financial strength rating to A- (excellent) from B++ (good), with a stable outlook.   22 March 2021

ILS

Integral ILS partners with Amwins and Core Specialty on US property initiative

Integral ILS, the independent Insurance-Linked Securities (ILS) fund manager, has launched a new US property insurance initiative, with risks underwritten by Amwins and policies issued through subsidiaries of Core Specialty Insurance Holdings.   19 March 2021

News

Chubb proposes merger with The Hartford

Chubb has presented The Hartford with a proposal for a merger that it argues will be strategically and financially compelling for both sets of shareholders and other constituencies.   19 March 2021

News

ABIR plants tree to mark former AXIS chair Butt’s 50 years of service to the industry

A group of company executives representing members of the Association of Bermuda Insurers and Reinsurers (ABIR) gathered for a COVID19-compliant, ceremonial tree planting at Hamilton Ferry Terminal to commemorate Michael Butt’s five decades of service to the re/insurance industry.   19 March 2021

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