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Bermuda-based Arch Capital Group has named Jerome Halgan as the new president and chief executive officer (CEO) of Arch Reinsurance Company. 29 January 2016
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ArgoGlobal, the Lloyd’s insurer and member of Bermuda-based Argo Group, has named Matthew Foote as head of exposure management. 28 January 2016
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Bermuda re/insurer Everest Re has named Bill Thygeson as chief administration officer of Everest Insurance. 28 January 2016
News
A global authority on captives and, specifically, protected cell companies (PCC), has unearthed a previously relatively unknown court ruling that might help add to the industry’s understanding of how PCCs operate and their status in the courts. 27 January 2016
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Consolidation in the Bermuda insurance market will continue in 2016, albeit at a slightly slower pace than 2015, according to a new Fitch Ratings report. 27 January 2016
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The Bermuda Monetary Authority (BMA) has appointed Dr Marcelo Ramella, deputy director, policy and research, as chair of the International Association of Insurance Supervisors’ (IAIS) Reinsurance Task Force. 27 January 2016
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PartnerRe has named Chairatch Phrompechrut as head of strategic ventures. 26 January 2016
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Bermuda-based insurer Ironshore has named Ronald Gleason as its new global energy industry practice leader. 26 January 2016
ILS
Non-life insurance-linked securities (ILS) capital hit a new high in 2015 due to re/insurer interest, according to a new report by global advisory, broking and solutions company, Willis Towers Watson. 25 January 2016
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AXIS Healthcare, the division of Bermuda-based AXIS Insurance which provides professional liability insurance for physician groups, hospitals and allied healthcare facilities, has launched a new medical catastrophe (contagion) business interruption product for hospitals in the US and Canada. 25 January 2016
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