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Global reinsurer capital up despite falls in alternative capital: KBRA

Global reinsurer capital was up 7 percent to $625 billion in the first nine months of 2019, according to Kroll Bond Rating Agency (KBRA). 21 February 2020

Life

BSX names new council chairman

Thomas Gallagher has been elected chairman of the council of the Bermuda Stock Exchange (BSX). 21 February 2020

News

Chubb’s Gunter replaces Hendrick as AXA XL CEO

Hendrick has left the group to pursue other opportunities. 20 February 2020

Life

Everest hires four E&S casualty excess underwriters

Everest Insurance has added four new underwriters to its excess and surplus casualty excess group. 19 February 2020

News

EU officially recognises Bermuda as a fully cooperative tax jurisdiction

Bermuda has returned to the European Union’s “white list” of fully cooperative tax jurisdictions, in a decision made by the EU Finance Ministers at the meeting of the Economic and Financial Affairs Council (ECOFIN) in Brussels. 19 February 2020

Life

Argo names new senior management duo

Argo Group International Holdings has appointed Kevin Rehnberg to the role of chief executive officer, with immediate effect. Thomas Bradley was also named as the new chairman of the board of directors once the current chairman, Gary Woods, steps down, at the end of his term, following Argo’s annual general meeting. 19 February 2020

Life

Aspen hires new chief risk officer

Aspen Insurance Holdings has hired Crystal Ottaviano as to be its group chief risk officer. 19 February 2020

News

IAT to help employees pay off student debt

IAT Insurance Group, the North Carolina-based specialty property, casualty and surety insurer, has launched the IAT College Loan Assistance Support (CLAS) programme, to assist employees pay off student debt. 18 February 2020

Life

Liberty Mutual treasurer retires after 35 years with company

Laurance Yahia, Liberty Mutual’s senior vice president and treasurer since 2003, will retire on April 3, 2020, drawing the curtain on a career that has seen him give 35 years to the company. 18 February 2020

Life

Aspen Re strengthens international offering with hire

Richard Milner has been named as senior managing director of Aspen Re International. 17 February 2020

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