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AXIS Capital, a Bermuda-based provider of specialty lines insurance and treaty reinsurance, has appointed Tony Jordan as its group chief actuary. 3 May 2019
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Samsung Fire & Marine (SFMI), the Korean non-life insurer and part of Samsung Group, has become a significant minority investor in Canopius, specialty re/insurer with underwriting operations in Bermuda, China, Ireland, the Netherlands, Singapore, Switzerland, the UK and US. 3 May 2019
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Bermuda-based re/insurance underwriter Argo Group has filed an investor presentation with the US Securities and Exchange Commission (SEC) that details the company’s “strong track record” and efforts to drive growth and value for shareholders. This has been filed amid an ongoing feud with activist shareholder Voce Capital over an alleged misuse of corporate expenses. 3 May 2019
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White Mountains Capital, a subsidiary of Bermuda-based financial services company White Mountains Insurance Group, has appointed Frank Bazos as executive vice president, head of mergers and acquisitions (M&A). 2 May 2019
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Life reinsurer Langhorne Re has appointed Timothy Gasaatura as chief actuary of Langhorne Re Bermuda. 2 May 2019
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Bermuda-based casualty re/insurer James River Group had a profitable first quarter in 2019, and continued to focus on its growth efforts on its two primary insurance segments - excess and surplus lines and specialty admitted insurance, while cutting back on its casualty reinsurance segment. 2 May 2019
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Many were stunned when it was revealed that Bermuda was on the EU’s so-called ‘blacklist’ of tax jurisdictions, and the government was quick to take responsibility for what turned out to be human error. How quickly can the Island be removed? Bermuda:Re+ILS reports. 2 May 2019
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Fitch Ratings has upgraded the insurer financial strength (IFS) ratings of the operating companies of Athene Holding - which includes its Bermuda-based annuity reinsurance subsidiary Athene Life Re - from A- (strong) to A (strong). 1 May 2019
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Bermuda-based Arch Capital experienced growth across most lines of business in the first quarter of 2019, and increased its profits 219.1 percent year-on-year. 1 May 2019
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The Risk and Insurance Management Society and Bermuda Business Development Agency (BDA) have partnered to host an invite-only event aimed at senior insurance industry executives aimed at deepening their understanding of key specialist global insurance markets. 1 May 2019
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