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Peak Re, the Hong Kong-based reinsurer, has increased capacity in Lion Rock Re II, its reinsurance sidecar that follows up Asia’s first sidecar transaction last year. 7 January 2020
Life
Mike Karmilowicz has been named executive vice president of Everest Insurance and president of Everest Insurance’s property and casualty business in North America. 7 January 2020
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RenaissanceRe has priced an underwritten secondary public offering of 1,739,071 common shares by Tokio Marine & Nichido Fire Insurance (TMNFI). 7 January 2020
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Athene Holding has reached approximately $6 billion in total pension risk transfer (PRT) transactions for 2019, more than twice the volume transacted in 2018. 7 January 2020
News
Commercial insurers operating in Bermuda reported affirmative cyber risk gross written premium of approximately $2.1 billion in 2018, according to the Bermuda Monetary Authority in its annual cyber underwriting report. 7 January 2020
Life
Hiscox has appointed James Millard as the new chief investment officer for the group. 6 January 2020
Life
Capsicum Re has hired David Bell to lead its newly unveiled aviation reinsurance team. 6 January 2020
News
Syncora Holdings has completed the sale of Syncora Guarantee, its wholly-owned, New York financial guarantee insurance subsidiary, to Star Insurance Holdings. 6 January 2020
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Hamilton Re is calling for applications from students entering their junior year of university for admission to its 2020 summer intern programme. 3 January 2020
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Argo Group International Holdings has entered into a cooperation agreement with Voce Capital Management, which holds shares in the company, to effect changes to the composition of Argo’s board of directors. 2 January 2020
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