All Bermuda articles – Page 4
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NewsSovereign names new president as Lowenstein retires
Natalie Chiaramonte was previously COO of Chubb’s political risk re/insurance subsidiary
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NewsSiriusPoint responds to S&P’s negative watch
The departure of the Bermuda reinsurer’s chief executive and COO has prompted the credit watch
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NewsArgo Group makes Thomas Bradley permanent CEO
Bradley replaces Kevin Rehnberg, who has been on leave for health reasons since March 2022
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NewsLancashire in spate of senior hires
James Flude has been named group CUO and James Irvine group CUO for the firm’s reinsurance business
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NewsMiller grows Bermuda ILS team
Duda joins from Markel, where he led the retro management team and worked on the launch of Lodgepine Capital
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NewsAXIS Re CEO to step down
Steve Arora will leave the company at the end of the year and AXIS Re will exit its Property Reinsurance business
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NewsBermudian reinsurers at ‘early stage’ of ESG journey
Lack of resource is the biggest barrier to ESG development as Bermuda trails global leaders in Europe
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NewsHorseshoe adopts Artex brand
Horseshoe has transitioned to the Artex brand name, three years after the two firms merged
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NewsSiriusPoint CEO and chair Sankaran steps down
Board names Dan Malloy as interim CEO and Sharon Ludlow as interim chair; appoints Daniel Loeb as a director
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NewsEverest Re’s Mount Logan hires COO
Sfaif brings a “deep specialisation in capital markets and reinsurance convergence”
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NewsMarkel’s Co-CEO Whitt set for retirement
Jeremy Noble will lead Markel’s global insurance platform and Tom Gayner will become sole chief executive
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NewsAxis CEO refuses to be drawn on sale rumours
Benchimol sidestepped questions over the rumoured sale of the firm’s $3 billion reinsurance unit
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NewsAxis reveals 45% drop in cat reinsurance premium
Rumours of a sale of the firm’s reinsurance arm come as it reduces exposure to catastrophe lines
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NewsAM Best lowers Argo Re’s BCAR score
Material adverse reserve development in 2021 raises new concerns
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NewsWorld’s first crypto reinsurer launches
Relm II can accept both fiat and crypto as collateral and is domiciled in Bermuda
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NewsRenRe launches casualty/specialty sidecar
Institutional investors also backed joint venture Fontana, which has launched with $475m of capital
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NewsConcert launches E&S carrier
Concert Group Holdings Inc, the newly formed business dedicated to insurance fronting that is led by Bermudian insurance executive Jonathan Reiss, has formed Concert Specialty Insurance Company, an excess and surplus lines carrier domiciled in Montana.
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NewsHamilton announces Property Treaty Reinsurance consolidation
The Company will continue to write property treaty reinsurance business out of Bermuda, consolidating our peak peril catastrophe reinsurance underwriting into one hub.
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NewsBermuda (Re)insurers paid $30 billion to European Union customers since 2016
The survey results reflect the growing significance of the Bermuda (re)insurance market’s contribution to the EU over these two and a half decades.
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NewsEd announces integration of Ki’s algorithmic underwriting with TradEd
TradEd’s data capturing capabilities puts Ed in the ideal position of being able to take full advantage of Ki’s digital and algorithmically-driven platform
