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Hamilton Insurance Group's re/insurance platform Hamilton Re has secured $65 million of collateralised capacity through its special purpose sidecar vehicle, Turing Re. 5 April 2019
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Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Dane Lones as chief commercial officer. 5 April 2019
ILS
Pacific Investment Management Company (PIMCO), the asset management company owned by Allianz, has appointed Michael Beck as senior vice president, ILS portfolio management. 4 April 2019
News
Ratings agency Moody's has adjusted its ratings outlook of Bermuda-based AXIS Capital Holdings from stable to negative, primarily reflecting lower capitalisation and higher operating and financial leverage relative to peers. 4 April 2019
News
Bermuda-based Monument Re has acquired a run-off portfolio of linked and traditional business from MetLife Europe, although financial terms of the transaction were not disclosed. 3 April 2019
News
The Lloyd’s operations of the Bermuda re/insurance sector largely underperformed in 2018, with all of their managing agents reporting underwriting losses, according to a report from equity research firm Jefferies. 3 April 2019
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AXA XL has appointed Jennifer Minors as senior vice president, product line leader, within its Bermuda professional lines insurance business. 3 April 2019
News
Specialty re/insurer Sompo International has appointed Christopher Gallagher as the Bermuda-based CEO of its commercial property and casualty business, SI Commercial P&C. 2 April 2019
ILS
Chris McKeown, the former CEO of AXA XL's Bermuda-based asset manager New Ocean Capital Management, has stepped down from his role as vice chairman and left the company to pursue other interests. 2 April 2019
ILS
Guernsey has introduced a new "hybrid" ILS vehicle - a protected or incorporated cell company that is both a licensed insurance company and a regulated investment fund. 1 April 2019
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