News

News

Climate change: Bermuda re/insurers are leading the way

Next to the impact of COVID-19, climate change is arguably the fastest-growing concern for the re/insurance industry. Andy MacFarlane of AXA XL discusses re/insurers’ top concerns and innovative ways to address the risks with Bermuda:Re+ILS.   17 September 2020

News

Third Point Re takes minority stake in Arcadian Risk Capital

Third Point Reinsurance has invested in Arcadian Risk Capital, a start-up led by John Boylan, an industry executive with a 30-year track record in the global insurance market.   17 September 2020

Life

Colin Grint named as CEO of Premia Managing Agency

Premia Holdings, the reinsurance group specialising in acquiring companies in runoff, has hired Colin Grint as chief executive officer of Premia Managing Agency. Grint will take up his post on October 1, 2020 and will have oversight of all of Premia’s operations in Europe.   17 September 2020

News

AXIS to pay quarterly dividend in October

AXIS Capital Holdings will pay a quarterly dividend of $0.41 per common share on October 15, 2020, to shareholders of record at the close of business on October 2, 2020.   17 September 2020

News

Arch enters underwriting partnership to better serve US restaurant industry

Arch Insurance has entered a new underwriting partnership with ProHost USA, a Minneapolis-based insurance programme administrator that provides specialty packages for the restaurant industry.   17 September 2020

News

Alchemy joins Nephila as investors in White Bear Capital

Alchemy Partners’ Alchemy Special Opportunities Fund IV is making an £80 million investment into White Bear Capital, the parent company of Blenheim Syndicate 5886 of which Nephila Capital is a strategic investor.   17 September 2020

Life

Liberty Mutual promotes Marc Orloff to president of North American field operations, GRS

Liberty Mutual has named Marc Orloff as president of North American field operations for global risk solutions (GRS), its commercial and specialty lines re/insurance division.   17 September 2020

Life

AXIS strengthens US excess casualty underwriting team with two hires

AXIS Insurance has hired Jonathan Martin and Jennifer Fisher to work in its US excess casualty underwriting team, as vice president and assistant vice president, respectively.   16 September 2020

News

AM Best places Third Point Re rating under review with developing implications

Rating agency AM Best has placed Third Point Reinsurance’s ratings under review with developing implications.   16 September 2020

News

Xceedance-Oasis LMF adds three new US cat models

Xceedance, the Bermuda-based provider of strategic insurance consulting and technology, and the Oasis Loss Modelling Framework (Oasis LMF), have added on-demand exposure analysis models for three US catastrophe perils to Xceedance-Oasis LMF On-Demand Catastrophe Modelling Services.   16 September 2020

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