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AXIS Capital Holdings has announced that it has made a full and final offer for Novae Group as it bids to close the deal. 25 August 2017
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Arch Mortgage Insurance (Arch MI), a subsidiary of Bermuda-based Arch Capital Group, and OpenClose, a multichannel loan origination system (LOS) and mortgage software solutions provider, have completed a new integration allowing immediate access to Arch MI RateStar pricing from within the OpenClose LenderAssist LOS. 25 August 2017
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Bermuda-based AXIS Re has appointed Neil Monahan to the position of senior vice president, professional liability 24 August 2017
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Premier Diversified Holdings, a Canada-based investment company, has completed a private placement, part of the proceeds of which will be used to make an investment in Sequant Reinsurance Holdings, the Bermuda-based Class 3 insurer. 24 August 2017
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Talbot Underwriting, a wholly owned subsidiary of Bermuda-based Validus Holdings, has announced that Monica Burch is joining its board of directors as a non-executive director. 23 August 2017
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Ironshore, which has a substantial presence in Bermuda, has created a new unit dedicated around cyber claims. 23 August 2017
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The Government of Bermuda has welcomed the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum)’s announcement that the Island is ‘largely compliant’ with its tax information exchange practices with other jurisdictions. 22 August 2017
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Brit has announced that it has appointed Jonathan Liening as Senior Vice President, Excess Casualty for Brit Global Specialty USA. 22 August 2017
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Capsicum Re has appointed Steven Rance to lead its new mortgage indemnity reinsurance business division, an area of the market where it sees a great deal of promise. 21 August 2017
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Guidewire Software, which provides software products to general insurers, and Bermuda-based Sompo International have announced that the latter is deploying Guidewire PolicyCenter as its underwriting and policy management solution in the London Market. 21 August 2017
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