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Vario Partners, part of the Bermuda-based Vario Group, is partnering with Hyperion X, the technology and analytics division of Hyperion Insurance Group, to provide collateralised, whole account stop-loss reinsurance cover. 1 April 2020
News
A wholly owned US subsidiary of Enstar Group has entered into a novation agreement with affiliates of Lyft, and certain underwriting companies of Zurich North America. 1 April 2020
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Athene Holding will sell $500 million of 6.150 percent senior unsecured notes, due 2030, in an offering that is expected to close on April 3. 1 April 2020
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Arch Capital Group has released its first corporate sustainability report, highlighting the company’s key environmental, social and governance (ESG) priorities and goals. 1 April 2020
Life
Everest Re Group has hired Dana Lodge as chief financial officer of Everest Insurance. 1 April 2020
News
Bermuda’s cabinet has approved the implementation of rules requiring employers to allow their staff to work from home if it is possible for them to do so. 1 April 2020
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International General Insurance Holdings has admitted it does not know how the COVID-19 pandemic will impact its broader business. 31 March 2020
Life
Charles Rumball, the executive vice president of Willis Re’s specialty reinsurance division in Hamilton, is relocating to New York to become Willis Re’s head of speciality for North America. 31 March 2020
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Bermuda has confirmed five more cases of COVID-19 from the 30 additional rest results it received on March 30. 31 March 2020
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Blue Capital Reinsurance Holdings has filed a Form 15 with the US Securities and Exchange Commission (SEC) to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. 31 March 2020
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