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Re/insurance industry losses for Australian bushfires in 2019-2020 came to a total of A$1.86 billion ($1.3 billion), according to PERILS, the independent Zurich-based catastrophe data provider. 6 July 2020
News
Canopius has created a new set of cyber property products for medium and large corporations to help them manage their silent cyber exposures. 6 July 2020
News
United Insurance Holdings Corp, the property and casualty insurance holding company, has announced an estimated $30 million pre tax loss for Q2 2020. 6 July 2020
News
Hiscox and RKH Reinsurance Brokers have launched a new variable consortium with a maximum line of over $20 million for a wide range of challenging general liability risks such as wildfire, trucking and construction. 6 July 2020
Re/insurance
Since leaving politics Bob Richards, Bermuda’s former Deputy Premier and Finance Minister, has discovered a new calling as an author. He found time to talk to Bermuda:Re+ILS about his book, race relations and the re/insurance industry. 3 July 2020
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Argus Group Holdings has acquired two primary care medical practices, Island Health Services and the Family Practice Group. 3 July 2020
News
XL Insurance (China) Company has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) for a reinsurance license. 3 July 2020
News
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has awarded a $30,000 scholarship to former CedarBridge Academy student Taiyana Allen. 3 July 2020
Life
International General Insurance Holdings (IGI) has appointed Ian Noble as head of casualty and professional lines. 2 July 2020
Life
Sompo Global Risk Solutions (GRS) has formed a new team called Sompo GRS Europe in London to serve the European market through retail brokers. 2 July 2020
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