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Total economic losses from Hurricane Delta will approach $4 billion, with roughly half covered by public and private insurers, according to Aon’s monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during October 2020. 13 November 2020
News
Hudson Structured Capital Management (HSCM), which does its re/insurance business as HSCM Bermuda, has agreed to acquire Vault Holdings, a provider of personal insurance to high-net-worth clients, alongside Cornell Capital. 13 November 2020
News
International General Insurance Holdings (IGI) more than doubled its third quarter profit in 2020 compared to the previous year, shrugging off the challenges posed by COVID 19 and an active Atlantic hurricane season. 13 November 2020
Life
Chubb has named John Latter as senior vice president and claims director for Europe, Eurasia and Africa. 12 November 2020
News
AXA XL Risk Consulting has launched a new risk assessment service called Risk Scanning. 12 November 2020
News
Bittrex Global, the cryptocurrency trading platform and digital wallet, has appointed Jeffrey Baron as chief compliance officer (CCO) in Bermuda. 12 November 2020
Life
Everest Insurance has promoted Edward Wu to the role of vice president of excess and surplus (E&S) excess casualty national leader. 11 November 2020
News
Enstar Group has reported net earnings of $615 million for the third quarter of 2020, up from $117.7 million for the same period of 2019. 11 November 2020
News
White Mountains Insurance Group saw profitability increase significantly year on year after what it described as a busy third quarter. 11 November 2020
News
Liberty Mutual Insurance has launched a new app called ErgoValuator that helps policyholders more effectively protect their workers and bottom lines from overexertion injuries. 11 November 2020
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