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Aspen Insurance Holdings has named Clive Edwards as chief executive officer of Aspen Insurance UK (AIUK) and Aspen Managing Agency (AMAL). 13 September 2019
Life
Chubb Bermuda Insurance has promoted its deputy general counsel, James Paugh to the role of senior vice president, general counsel. 13 September 2019
News
AXA XL has entered a strategic underwriting partnership with Neptune Floodto expand Neptune Flood Insurance’s capacity to homeowners throughout the US. 13 September 2019
ILS
Markel is launching a retrocessional insurance linked securities (ILS) fund manager in Bermuda, Longpine Capital Managament, as well as a reinsurance company called Lodgepine Re. 13 September 2019
ILS
Bermuda is known as the world’s risk capital for good reason, and it remains the dominant force in ILS globally, says Greg Wojciechowski, president and chief executive officer of the Bermuda Stock Exchange. 13 September 2019
News
While the Bermuda economy continues to face challenges, it must also grasp the opportunities presented and leverage them amid the uncertainty, says Dennis Fagundo of the Bermuda Chamber of Commerce. 13 September 2019
News
Since the first deals in 2013, the transfer of mortgage credit risk to the reinsurance market Freddie Mac’s Agency Credit Insurance Structure and Fannie Mae’s Credit Insurance Risk Transfer has grown rapidly. Wai Tang and David Mautone of AM Best report on recent developments. 13 September 2019
News
Sompo Global Risk Solutions (GRS) has partnered with Willis Towers Watson (WTW) to offer insurance to the middle market commercial real estate industry. 12 September 2019
News
The captives sector in Bermuda remains healthy and strong but it must ensure it continues to attract quality people, Kathleen Bibbings of the Bermuda Insurance Management Association tells Bermuda Finance. 12 September 2019
ILS
Two key themes in the Bermuda market at present are a burgeoning life reinsurance market and an expected upward trajectory for insurance-linked securities (ILS), Arthur Wightman, PwC’s territory leader for PwC Bermuda, told Monte Carlo Today. 12 September 2019
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