News

News

Bermuda Captive Conference to go ahead as a virtual event in June

The 17th annual Bermuda Captive Conference (BCC) will be held as a virtual event on June 14-15, 2021.   8 March 2021

Life

DARAG acquires SunPoint Holdings in Bermuda

DARAG, the legacy acquirer, has acquired SunPoint Holdings in Bermuda, which will be integrated into the business to provide a platform for further expansion.   8 March 2021

ILS

Rethinking ILS collateral

Increasing interest from dedicated ESG investors is encouraging some deal structurers to think of new and creative ways to make ILS even more appealing, Peter Dunlop of Walkers tells Bermuda:Re+ILS.   8 March 2021

News

Hamilton completes RITC transaction with RiverStone

Hamilton Managing Agency (HMA), a wholly-owned subsidiary of Hamilton Insurance Group, has completed a reinsurance-to-close (RITC) transaction of the legacy liabilities of the 2018 and prior years of account of Syndicate 4000 with RiverStone Europe.   5 March 2021

Life

AXA XL beefs up specialty, art and specie underwriting in France

AXA XL Insurance has appointed Mathieu de Roquemaurel as underwriting manager for specialty and Daphné de Marolles as underwriting manager for art and specie and private clients for its operations in France.   5 March 2021

News

Hiscox blames COVID-19 for 2020 losses but insists it is optimistic for 2021

Hiscox reported a significant loss for the full year in 2020, which it blamed on the impact of COVID-19, but insisted it is well positioned to capitalise on market opportunities in 2021.   5 March 2021

News

Monument Re set to acquire Athora Ireland

Monument Re will acquire the closed-block portfolio of variable annuities from Athora Ireland, a wholly-owned subsidiary of Athora Holding.   4 March 2021

News

RenRe rebrands its ventures unit, names Parry to lead it

RenaissanceRe will rebrand its ventures business as RenaissanceRe Capital Partners (RCP) and named Chris Parry, senior vice president and global head of RCP, pending Bermuda immigration approval.   4 March 2021

News

Alleghany’s president and CEO to step down at the end of the year

Weston Hicks, the president and chief executive officer of Alleghany Corporation, the parent company of Transatlantic Reinsurance, will retire as chief executive and director of Alleghany at the end of 2021.   4 March 2021

Life

Aon appoints McElroy to lead its Bermuda casualty team

John McElroy has been hired to join the Aon’s reinsurance solutions team in Bermuda as head of casualty.   3 March 2021

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