News

News

Re/insurance industry must embrace change to restore trust: PwC

Re/insurance companies must change their approach to business following the COVID-19 pandemic to help repair the social and economic damage it has exposed, according to Arthur Wightman, territory and insurance leader at PwC in Bermuda.   24 November 2020

ILS

Hamilton continues to strengthen its third party capital and ILS franchise with Ada Re launch

Hamilton Insurance Group has launched Ada Capital Management, a Bermuda-regulated insurance agent authorised to underwrite on behalf of Ada Re, a newly-formed, Bermuda-registered special purpose insurer.   23 November 2020

ILS

SRS appoints Matthew Charleson as chief operating officer of fund services and ILS

Strategic Risk Solutions (SRS) has named Matthew Charleson as chief operating officer of fund services and ILS.   23 November 2020

ILS

RMS partners with Willis Re Securities and Securian Financial on mortality cat bond

RMS has partnered with Willis Re Securities and Securian Financial to launch the new La Vie Re series 2020-1 mortality catastrophe bond.   23 November 2020

News

Inigo completes $800m capital raise ahead of 2021 London launch

Inigo, the new insurance group being founded by former Hiscox chief underwriting officer Richard Watson, has completed a capital raise of approximately $800 million from a consortium of global investors.   23 November 2020

Life

BMS hires Chris Madell to strengthen its financial lines offering in London

BMS Group, the independent specialist re/insurance broker, has appointed Chris Madell as director in its new financial lines division.   23 November 2020

News

Aspen to pay a quarterly dividend for preference shares on January 1

Aspen Insurance Holdings will pay a quarterly dividend on its preference shares on January 1, 2021, to holders of record as of December 15, 2020.   23 November 2020

News

HSCM, Aon offer alternative capital capacity to mitigate cyber risk

Hudson Structured Capital Management (HSCM Bermuda) has partnered with Aon to offer alternative capital capacity to protect re/insurers from systemic and catastrophic cyber events.   20 November 2020

News

Argo adopts ACORD Transcriber to automate documentation process

Argo Group has adopted ACORD Transcriber as its fully integrated solution for dynamic document delivery and automation.   20 November 2020

News

AXA XL launches Construction Ecosystem in North America

AXA XL's North America construction insurance business has launched its Construction Ecosystem and unveiled a tech library that gives customers access to its growing list of curated construction technology partners.   20 November 2020

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