News

News

Ascot-led GHRF facility begins insuring vaccine distribution

THB, the specialist re/insurance broker, has placed the first risk with the newly launched Global Health Risk Facility (GHRF), a public-private collaboration led by Ascot as the managing agent and anchored by the new Syndicate 1796 at Lloyd’s.   18 January 2021

News

BMA registers 67 insurance entities in 2020

The Bermuda Monetary Authority registered ten new re/insurance entities in December, taking the total number of registrations for 2020 to 67.   18 January 2021

Life

Bancroft to retire from Chubb, Enns lined up as replacement

Philip Bancroft, Chubb Group’s chief financial officer, will retire from the company on July 1, 2021, after 19 years of service.   15 January 2021

Life

Sompo hire signals push into the retail property insurance market

Sompo International Holdings has appointed Richard Brown to lead a new team focusing on property business through retail distribution channels in the UK, Europe and selected international territories including the Middle East and Israel.   15 January 2021

News

Convex raises another $500m from Sixth Street

Convex Group has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a global investment firm.   15 January 2021

Life

Everest strengthens its investor and rating agency relations team

Mariza Costa has joined Everest Re Group as vice president of investor and rating agency relations.   14 January 2021

Life

Elaine Scully joins Hamilton Re as head of casualty insurance

Hamilton Re has appointed Elaine Scully as senior vice president and head of casualty insurance.   14 January 2021

ILS

Elementum hires Todor Todorov in business development and investor relations role

Elementum Advisors, the alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has hired Todor Todorov as vice president of business development and investor relations (BDIR).   14 January 2021

News

RenRe braced for negative impact of nat cat and COVID on Q4 earnings

RenaissanceRe Holdings believes losses from weather-related catastrophe events and certain losses related to the COVID-19 pandemic will have a net negative impact on its Q4 2020 results.   14 January 2021

ILS

London Bridge Risk PCC selects Horseshoe as insurance manager

Horseshoe has been appointed as insurance manager for London Bridge Risk PCC, a newly established UK domiciled multi insurance special purpose vehicle that is independently owned and sponsored by Lloyd’s.   14 January 2021

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