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Aspen Re, the reinsurance segment of Aspen, has appointed Meredith Head as head of North America property catastrophe, effective September 2019. 6 June 2019
News
Validus Re, the Bermuda-based reinsurer acquired by AIG in 2018, has appointed Jeff Clements as CEO. 6 June 2019
News
Athene Holding, a provider of retirement savings products, is planning an opportunistic offering of preference shares to help fund Athene Co-Invest Reinsurance Affiliate (ACRA) – its strategic capital solution. 6 June 2019
News
Motive Partners, a US-based investment company focused on the technology sector, has named Bermuda insurance veteran Stephen Catlin to its Global Advisory Council (GAC). 5 June 2019
ILS
NB Reinsurance, a Bermuda-based issuer of ILS, has completed an offering of 19,231 non-voting preferred shares on BSX, effective June 3, 2019. 5 June 2019
News
This year’s Atlantic hurricane season will see 14 named storms, according to researchers at Colorado State University (CSU). 5 June 2019
ILS
Bermuda re/insurers have seen substantial rate increases of 10-30 percent at the June 1 Florida property catastrophe renewals on loss-affected accounts, according to research from Morgan Stanley. 4 June 2019
News
White Mountains Insurance Group has acquired a minority equity stake in Elementum Advisors, an SEC-registered investment advisor focused on managing investment portfolios exposed to natural catastrophe event risk. 4 June 2019
News
Everest Insurance has named three new members to its professional liability group, which provides coverage for architects, engineers, lawyers, accountants and other professions incurring professional liability. 4 June 2019
ILS
SS&C GlobeOp, a financial technology company serving clientele of ILS funds, reinsurers, and hedge funds, has appointed Ken Mahadeo as head of fund administration for SS&C Fund Services in Bermuda. 4 June 2019
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