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AXIS Insurance has named Daniel Stevens in the newly created role of risk engineer in its renewable energy team. 16 April 2020
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Arch Capital Group could make pre-tax losses across its property casualty insurance and reinsurance segments of $85 million to $95 million, due to claims incurred related to the COVID-19 pandemic, as of March 31, 2020. 16 April 2020
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Bermuda’s economy will contract by between 7.5 percent and 12.5 percent in 2020 due to the impact of COVID-19, according to Curtis Dickinson, Bermuda’s Minister of Finance. 16 April 2020
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Eight new re/insurance vehicles were registered with the Bermuda Monetary Authority (BMA) in March, taking the total number of registrations so far this year to ten. 15 April 2020
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AXIS Capital Holdings has made $1 million in targeted philanthropic donations to support COVID-19 relief and community support efforts. 15 April 2020
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Chubb will host a virtual conference on May 4-6, 2020 to provide a forum for its clients and its own executives to discuss current and emerging risk management strategies. 15 April 2020
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Bermuda’s Cabinet has extended shelter in place regulations for an additional two weeks, through to May 2, following the unanimous recommendation of the Public Health Emergency Response Team. 15 April 2020
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Hannover Re and Awbury Insurance have become members of the Association of Bermuda Insurers & Reinsurers (ABIR). 14 April 2020
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Randall & Quilter II Holdings, a subsidiary of Randall & Quilter Investment Holdings, will acquire the entire issued share capital of ICI Insurance Company (ICIICL) from Imperial Chemical Industries. 14 April 2020
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Everest Re Group has hired Alex Poracchia as international chief actuary and chief financial officer of the global markets division. 14 April 2020
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