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UK Supreme Court rules in favour of Chubb Bermuda in case against Halliburton

The UK Supreme Court has ruled in favour of Chubb in the case Halliburton Company v Chubb Bermuda Insurance. 27 November 2020

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BMA registers seven new re/insurance entities in October

The Bermuda Monetary Authority (BMA) registered seven new re/insurance entities in October. 27 November 2020

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Walkers Bermuda names Malacia Madden as associate in its corporate, finance, funds and insurance practice

Walkers has named Malacia Madden as an associate in its corporate, finance, funds and insurance practice in Bermuda, following the successful completion of her articles with the firm. 27 November 2020

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Oklahoma Insurance Commissioner approves R&Q IBT transaction

The Oklahoma Insurance Commissioner has approved the insurance business transfer (IBT) of a portfolio of Sentry Insurance reinsurance policies to National Legacy Insurance Company (NLIC), a subsidiary of Bermuda-based Randall & Quilter Investment Holdings. 26 November 2020

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Argo completes its sale of Ariel Re

Argo Group International Holdings’ sale of Ariel Re to Pelican Ventures and J.C. Flowers & Co has closed. 26 November 2020

Life

Arch strengthens hull and war coverage with Jason Page hire

Arch Insurance International has appointed Jason Page as senior underwriter for hull and war. 26 November 2020

Life

Paul Shedden joins Sompo in analytics role

Sompo International Holdings has hired Paul Shedden as head of portfolio design, pricing and analytics for global insurance. 25 November 2020

Life

Bank of Butterfield appoints Sonia Baxendale to its board

The Bank of N.T. Butterfield & Son has appointed Sonia Baxendale to its board as an independent director. 25 November 2020

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Moody’s upgrades XL Bermuda to align it with AXA

Moody's Investors Service has upgraded XL Bermuda’s insurance financial strength rating to Aa3, from A1 and changed its outlook to stable, from positive. 25 November 2020

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Sirius, Third Point Re shareholders votes clear path for merger in Q1

Shareholders of both Third Point Reinsurance and Sirius International Insurance Group have voted to approve all proposals required to complete their merger agreement. 25 November 2020

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