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Kennedys has joined Bermuda International Long Term Insurers and Reinsurers (BILTIR), becoming its 62nd member. 26 May 2020
News
Reinsurers face increased losses from exposure to government sponsored entities (GSEs) and private mortgage insurers, which will see soaring mortgage delinquencies as a result of the COVID-19 pandemic, according to AM Best. 26 May 2020
News
Bermuda will adopt a zero tolerance approach in its enforcement of its social distancing rules in phase two of its plan to open up the economy. 26 May 2020
Life
PartnerRe has named André Piché as president of its Canadian life and health operations. 22 May 2020
News
AXA XL’s global risk management (GRM) and North America excess casualty business units have teamed up to offer Multipass, its global admitted commercial umbrella programme. 22 May 2020
News
Ariel Re has insured the contractual performance guarantees (PeGu) of NovaSource Power Services, which provides solar operations and maintenance (O&M) for commercial, industrial and utility-scale solar projects. 22 May 2020
News
Sun Life will not exercise its right to redeem its currently outstanding class A non-cumulative rate reset preferred shares series 8R or class A non-cumulative floating rate preferred shares series 9QR on June 30, 2020. 22 May 2020
Life
BMS Group has appointed Alison Schwab, Russell Williams and Robert Thomas to its energy division. 21 May 2020
Life
Randall & Quilter Investment Holdings has appointed Thomas Solomon as group chief financial officer. R&Q confirmed Solomon will also be named on the board of directors later in the year. 21 May 2020
News
Chubb will increase its dividend by 4 percent to $3.12 per share annually, marking the twenty-seventh consecutive annual increase in its dividend. 21 May 2020
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