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Bermuda-based re/insurer PartnerRe has appointed Jacques Bonneau to its board of directors. 21 February 2019
ILS
Against a backdrop of 18 months of above average industry losses, Swiss Re expects investors will likely want to see rates harden in 2019, especially for loss impacted tranches. 20 February 2019
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Everest Insurance, the primary insurance operations of Bermuda-headquartered reinsurer Everest Re Group, has appointed Kevin Flaherty as director of its retail property team in the US East region. 20 February 2019
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Bermuda-based re/insurance provider Sirius Group is unaffected by reported liquidity issues at its parent company, China Minsheng Investment Group (CMIG), according to AM Best. 19 February 2019
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In a development relevant to Bermuda re/insurers with wildfire exposure, RMS has created a catastrophe model to better manage wildfire risk in the US, against backdrop of over $30 billion in claims since 2014. 19 February 2019
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An erosion in Bermuda-based Allied World Assurance Company's commercial casualty profitability has lead to a ratings downgrade from AM Best. 19 February 2019
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Apollo Global Management has now completed its previously announced acquisition of Aspen Insurance Holdings, and concurrently appointed a new CEO to succeed Chris O'Kane. 18 February 2019
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Enstar’s Starstone Syndicate 2008, a managing agency and provider of finality for Lloyd’s run-off business, has finalised four run-off deals for Lloyd’s Syndicates managed by AmTrust. 18 February 2019
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The Bermuda Monetary Authority (BMA) licensed 19 new captive insurance companies in 2018, bringing the total to 711. 15 February 2019
ILS
Brit has increased its commitment to the capital markets through growing various third party capital-backed initiatives in 2018, however the specialty re/insurer had a challenging year from natural catastrophes which ultimately led to a net loss. 15 February 2019
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