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Third Point Reinsurance has announced two further new appointments to its Specialty Treaty division. 11 April 2019
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Velocity Ledger Holdings (VLHL) has received approval from the Government of Bermuda to conduct an initial coin offering (ICO) in accordance with the Companies Act of 1981. 11 April 2019
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Bermuda and Caribbean insurer BF&M Group has ended 2018 with a net income attributable to shareholders of $20.2 million against two challenging catastrophe years, which CEO John Wight attributes to a robust reinsurance programme and sound capital management. 10 April 2019
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Over 60 percent of the $76 billion in global insured losses from natural catastrophes in 2018 resulted from so-called “secondary” perils - small-to-mid sized events or secondary effects of a primary peril, a Swiss Re sigma study has shown. 10 April 2019
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Bermuda-based property and casualty re/insurer Third Point Re has appointed Tracey Gibbons to leads its specialty treaty portfolio as senior vice president, specialty reinsurance. 9 April 2019
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StarStone, the specialty insurance subsidiary of Bermuda-based Enstar Group, has appointed industry veterans Ed Noonan and Dick Sanford as chairman and president, respectively. 9 April 2019
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Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Rick Taute as vice president, marketing and distribution, and national wholesale distribution leader for insurance. 9 April 2019
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Ariel Re, a reinsurance underwriting subsidiary of Argo Group that operates through its Bermuda and Lloyd's platforms, has appointed David Martin as head of marine and energy. 8 April 2019
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This year's Atlantic hurricane season may provide the Bermuda re/insurance market a sigh of relief, as projected activity is expected to be 20 percent below both the long-range norm since 1950 and 30 percent below the recent 2009-2018 (10-year) norm, according to the Tropical Storm Risk (TSR) Consortium of University College London. 8 April 2019
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Starr Insurance Companies, which operates in the US, Bermuda, Asia and the UK, has appointed Carmella Capitano as senior vice president, head of primary general casualty-risk management and excess casualty. 5 April 2019
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