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RenaissanceRe Holdings has appointed Ed Cruttenden as active underwriter of RenaissanceRe’s Syndicate 1458 at Lloyd’s, while Bryan Dalton, who he replaces, becomes chief underwriting officer for Europe. 6 May 2020
News
Bermuda International Long Term Insurers and Reinsurers (BILTIR) has cancelled its 2020 Bermuda International Life & Annuity Conference, which had been scheduled for September 17. 5 May 2020
News
Watford Holdings reported a net loss for Q1 2020, blaming turbulent market conditions and the resulting impact on its investment portfolio for the slide in performance, but remained upbeat about the broader outlook for the business. 5 May 2020
News
Arch Capital Group saw its Q1 profitability slide compared to the previous year, but still managed to post a profit for the quarter. 5 May 2020
ILS
SCOR has sponsored a new catastrophe bond called, Atlas Capital Reinsurance 2020 (ACR), which will provide a multi-year risk transfer capacity of $200 million to protect itself against storms in the US and earthquakes in the US and Canada. 5 May 2020
News
AXIS Capital has reported a significant loss for Q1 2020, with the re/insurer blaming the negative impact of COVID-19 for what it said was otherwise “an excellent quarter”. 5 May 2020
ILS
Peak Reinsurance Company, the Hong Kong-based reinsurer, has completed the 100 percent acquisition of the capital of Lutece Holdings and its subsidiary Lutece Investment Management. 5 May 2020
Life
Everest Re Group has promoted Sharry Tibbitt to become deputy chief underwriting officer for the reinsurance division. 4 May 2020
News
A member of the Bermuda Fire and Rescue Service (BFRS) has tested positive for COVID-19. 4 May 2020
News
The Bermuda Registrar of Companies’ online portal (ESD portal) for filing economic substance declarations is now open. 4 May 2020
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