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Everest will receive two awards from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurer chief information officers. 9 July 2020
News
The Bermuda Business Development Agency (BDA) has joined forces with Bermuda:Re+ILS and its sister publication Intelligent Insurer to host a webinar to discuss the island’s international business sector through and beyond the global pandemic. 9 July 2020
News
Argo Group International has priced an underwritten public offering of 6 million depositary shares. Each depository share represents a one thousandth interest in a share of its newly designated 7.00 percent resettable fixed rate perpetual non-cumulative preference shares, series A. 8 July 2020
Life
Willis Re has hired James Moss as co-head of Willis Re Specialty’s casualty practice, alongside Chirag Shah. 8 July 2020
Life
AXA XL has appointed Sean McGovern as chief executive of the UK and Lloyd’s market. 8 July 2020
News
AXA XL Reinsurance in Bermuda has completed an alternative capital reinsurance transaction with Bluefire Insurance, a Texas based Managing General Agency (MGA). 7 July 2020
News
The Bermuda Monetary Authority (BMA) has promised to take into account difficulties re/insurers might have when arranging board meetings due to logistical and health difficulties resulting from COVID-19. 7 July 2020
News
Chubb has estimated its global net catastrophe loss for Q2 2020 as $1.8 billion million before tax. 7 July 2020
ILS
Bermuda’s share of total alternative capital capacity was $71 billion at the end of 2018, or approximately 73 percent of the global alternative capital market, according to the Bermuda Monetary Authority’s (BMA) 2019 Alternative Capital Report. 6 July 2020
Life
Argo Group International Holdings has launched an outside search for a new chief financial officer to succeed Jay Bullock. 6 July 2020
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