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Chubb has launched non damage terrorism coverage, aimed at bridging gaps in traditional terrorism business interruption policies. 3 February 2020
ILS
Essent Guaranty, a subsidiary of Essent Group, has obtained $495.9 million of fully collateralised excess of loss reinsurance coverage from the capital markets. 3 February 2020
News
Everest Re Group expects to report profits of around $1 billion for 2019, resulting in a net income return on equity of 12 percent. 31 January 2020
News
Blue Capital Reinsurance, which is currently winding down its operations, saw net assets in liquidation decline $4.6 million dollars in Q4 2019. 31 January 2020
Life
The Bermuda Business Development Agency (BDA) has hired Jasmine DeSilva as business development manager and Anastasia Slater as business development coordinator. 31 January 2020
News
The BMA has granted regulatory approval to International General Insurance to combine business with Tiberius Acquisition Corp, the special purpose acquisition company. 31 January 2020
Life
MS Amlin has made four appointments to its new specialty business, following a reorganisation designed to establish the group as a world-class insurance business focusing on specialty and reinsurance risks. 30 January 2020
News
Catastrophes and weather events were a drag on AXIS Capital profits for both the full year 2019 and Q4, but the re/insurer nevertheless achieved significant improvements in its profitability for the year. It delivered losses in the final quarter, but kept them much lower than it had in Q4 2018. 30 January 2020
Life
Aspen Insurance has appointed Andrew Kudera as executive vice president and group chief actuary, with Paul Frydas, Aspen’s former group chief actuary, becoming chief analytics officer. 30 January 2020
News
Everest Insurance is partnering with Dovetail, a Victor company, to offer its workers’ compensation product through Dovetail’s online platform. 29 January 2020
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