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Peak Re has appointed Andrew Souter as director of markets, responsible for developing its property and casualty reinsurance business. 23 September 2020
News
Ronnie Klein, executive director of Bermuda International Long Term Insurers and Reinsurers (BILTIR), has left the organisation. 23 September 2020
Life
Neil Lightbown has joined Everest Insurance as chief underwriting officer of Everest Global Markets, effective October 1. 23 September 2020
ILS
The Bermuda Monetary Authority (BMA) has cancelled the insurance registration of Phoenix CRetro Reinsurance Company, a special purpose insurer (SPI), for breaches of the Insurance Act 1978 (Insurance Act). 23 September 2020
Life
PartnerRe has appointed Nicholas Hughes as head of retrocession. 22 September 2020
News
Industry insured losses to onshore property resulting from Hurricane Sally will range from $1 billion to $3 billion, according to AIR Worldwide, the catastrophe risk modeling firm. 22 September 2020
Life
Arch Insurance International has established Arch Managing Agency (AMA), which is led by Ben Canagaretna who has been appointed as managing director. 22 September 2020
News
The Bermuda Monetary Authority (BMA) registered 13 new insurance entities in August. 22 September 2020
Life
COVID-19 has presented a monumental challenge to countries and businesses everywhere. Bermuda:Re+ILS spoke to the heads of five institutions representing Bermuda’s re/insurance community to find out how the industry has coped. 22 September 2020
Re/insurance
There has been plenty of talk about a new normal emerging out of the current crisis, but this underplays the scale of the digital transformation that is currently under way, say Jonathan Prinn at BGC Partners and Chris Bonard at Ed Bermuda. 22 September 2020
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