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Convex Group has signed up to use Praedicat’s CoMeta platform to identify, underwrite and manage complex emerging liability risks. 3 February 2021
News
Argo Group International Holdings expects to report natural catastrophe losses of approximately $38 million in the fourth quarter of 2020, primarily related to Hurricanes Delta and Zeta, as well as changes in estimated losses from third quarter 2020 events. 3 February 2021
News
Hudson Structured Capital Management, which does its re/insurance business as HSCM Bermuda, has led a $30 million series B funding round for DealerPolicy, alongside 3L Capital. 2 February 2021
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PartnerRe will pay a dividend for three classes of preferred shares on March 1, 2021, to shareholders of record on February 18, 2021. 2 February 2021
Life
Chris Fagan, the co-founder of Catalina Holdings, is stepping down as chief executive of the re/insurer. He will be succeeded by Bruce Hemphill, the current chair of Catalina’s board, who has been working alongside Fagan since 2019. 2 February 2021
News
Private equity group KKR & Co has closed its acquisition of Global Atlantic Financial Group, the US-based retirement and life insurance company with operations in Bermuda. 2 February 2021
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Broking technology firm Marrikel has rebranded as Re Square and partnered with The Numerical Algorithms Group (NAG), offering its auction technology to brokers who wish to provide auctioning capabilities in-house. 2 February 2021
News
Insured losses from major natural catastrophes amounted to around $78 billion in 2020, according to Willis Re. 2 February 2021
Life
AXA XL Insurance has appointed Caroline Tran as product leader for political risk, credit and bond (PRCB) in Europe. 1 February 2021
Life
Argo Group International Holdings has named Tom McCartney as group head of ceded reinsurance. 1 February 2021
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