News
ILS
Convergence 2020 kicks off on October 6 in a new fully virtual format, becoming the latest event to be forced to make alternative arrangements due to restrictions on movement and gathering due to COVID-19. 6 October 2020
News
Bermuda-based Colonial Group International has rebranded itself as CG as part of an effort to harmonise its brand across all its operations and jurisdictions. 6 October 2020
News
Premia Holdings will acquire Navigators Holdings (Europe) and its associated companies, which includes Assurances Continentales – Continentale Verzekeringen of Belgium and Canal Re of Luxemburg, from The Hartford. 6 October 2020
News
Everest Reinsurance Holdings (ERH), a wholly-owned subsidiary of Everest Re Group, has priced a registered public offering of $1.0 billion aggregate principal amount of 3.500 percent senior notes due 2050. 6 October 2020
News
JBA Risk Management has launched Climate Change Analytics (CCA), a platform designed to help financial institutions and investors to understand the potential long-term impacts of climate change, and to meet regulatory requirements. 5 October 2020
News
Penrose Partners, a Canadian and Bermudian founded emerging technology consulting firm, will host The Bermuda Blockchain and Sustainability Symposium (BBSS) on October 12-13, 2020 to begin Bermuda Technology Week. 5 October 2020
ILS
Bermuda’s regulatory framework has evolved to support ILS growth and innovation potential. This will be invaluable in helping the Island adapt to life after COVID-19, whatever that looks like, say Sarah Demerling, head of market intelligence, and Anna Pereira, head of overseas market and promotion, at ILS Bermuda. 2 October 2020
News
Enstar has moved to acquire Watford Re for a per share price of $31.00. 2 October 2020
Life
Argo Group International Holdings has appointed Allison Kiene as general counsel. She takes over responsibility for Argo’s legal and compliance teams and reports to Kevin Rehnberg, Argo’s chief executive officer. 2 October 2020
News
White Mountains Insurance Group will acquire a majority interest in Ark Insurance Holdings and inject $605 million of equity capital into the company at a pre-money valuation of $300 million, in a move aimed to significantly grow the business. 2 October 2020
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