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Everest Insurance has appointed four underwriters from across the US to lead the Northeast, South, Midwest, and Southwest regions for its commercial casualty business. 23 April 2020
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AXIS Insurance has appointed Max Perkins to the newly created role of head of strategy and innovation in its global cyber and technology unit. 23 April 2020
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Hiscox expects to pay net claims totalling up to $150 million against events that have been cancelled in the media and entertainment, travel and other segments, the re/insurer has said. 23 April 2020
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Liberty Mutual global risk solutions (GRS), its commercial and specialty re/insurance operation, has appointed Pete D'Orsi as chief data and analytics officer. 23 April 2020
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David Burt, Bermuda’s Premier, has admitted his disappointment about the speed with which the island is ramping up its testing regime. 23 April 2020
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Private equity company Flexpoint Ford has taken a stake in TigerRisk Partners, the risk, capital and strategic advisor to the global re/insurance industry. 23 April 2020
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Sompo International Holdings has partnered with Portuguese managing general agent ATLAS Segurmina to offer crop insurance to the agricultural sector in Portugal via AgriSompo, Sompo’s global agriculture platform. 22 April 2020
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Bermuda processed 222 new COVID-19 test results on April 21, turning up 12 additional positive cases of the virus and taking the island’s confirmed case count to 98. 22 April 2020
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Chubb saw its profitability collapse in Q1 2020 compared to the same period in 2019, with the company citing the significant market volatility to explain the disappointing numbers. 22 April 2020
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AXA XL has named a new global leadership team that is responsible for developing a new operating model, designed around a single global insurance underwriting function and three geographical business units. 21 April 2020
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