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Reinsurer PartnerRe names Nicolas Burnet as successor to retiring executive vice president and CFO Mario Bonaccorso
PartnerRe has revealed that Nicolas Burnet will succeed Mario Bonaccorso as executive vice president and chief financial officer when he retires on March 31, 2020.   11 October 2019
News
Artex chief executive sees further mergers among ILS service providers
Further mergers are likely among service companies in the growing Insurance Linked Securities (ILS) space.   11 October 2019
Insurance
AXIS pegs up to $175m cat losses from Dorian, Japanese typhoons in third quarter 2019
Bermuda-based AXIS Capital Holdings has unveiled a preliminary pre-tax loss estimate for Hurricane Dorian, Japanese typhoons and other weather-related events in the range of $150 million to $175 million, net of reinsurance and retrocessional recoveries.   11 October 2019
Insurance
Argo gets subpoena from US regulator over executive compensation; begins board review
Bermuda-based Argo Group International Holdings has confirmed that its independent directors are conducting a "review of governance and compensation matters" as part of its "board refreshment" process.   9 October 2019
Insurance
James River cancels auto insurance for Uber subsidiary Rasier over profit concerns
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies.   9 October 2019
Insurance
Resolution Re names Steve Hales as CEO; Bermuda-domiciled reinsurer looks to build business
Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group.   8 October 2019
Insurance
Arch expects up to $75m cat loss in Q3 2019 from Hurricane Dorian and Typhoon Faxai
Bermuda-based re/insurer Arch Capital Group is expecting approximately $65 to $75 million (pre-tax) losses related to 2019 third quarter catastrophic events.   8 October 2019
Insurance
Convex to write excess and surplus lines in US
Specialty re/insurer Convex Group has been authorised to write excess and surplus (E&S) lines across the US.   4 October 2019
Alternative Risk Transfer
Artex acquisition of Horseshoe will see the Bermuda firm ’become global brand of ILS services for Artex’
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations.   3 October 2019
Insurance
Hamilton brings Third Point Re's Steve Wilson to build new US reinsurance platform
Bermuda-based Hamilton Insurance Group has appointed Steve Wilson as senior vice president, head of casualty & specialty for its new US reinsurance platform.   1 October 2019

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