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Convex will benefit from 2020 hardening triggered by losses and Lloyd’s crisis: Catlin
Insurance
The market is now well overdue a fundamental correction in pricing, something Stephen Catlin will look to capitalise on with his new venture Convex Group, unveiled yesterday (Tuesday May 1). He claims that losses in the industry have been so severe in recent years they are on the verge of destroying capital – something that should prompt a radical change.   1 May 2019
Argo extends CFO Jay Bullock's contract to 2023
Insurance
Bermuda-based specialty re/insurer Argo Group International Holdings has extended the contract with its executive vice president and chief financial officer Jay Bullock until April 25, 2023.   30 April 2019
Stephen Catlin launches re/insurance start-up Convex with $1.8bn capital raise; secures A- rating from AM Best
Insurance
Insurance veteran Stephen Catlin and Paul Brand have launched a new specialty re/insurer focused on complex risks with an initial capital commitment of $1.8 billion, and an "exceptional group" of underwriting experts.   30 April 2019
Insurance
Bermuda-based Qatar Re, a subsidiary of Qatar Insurance Company (QIC), has confirmed the appointment of Michael van der Straaten as its chief executive officer (CEO).   26 April 2019
Insurance
Fitch Ratings has placed Sirius International Group's ratings on Rating Watch Negative, driven by a "deepening debt and liquidity crisis" at China Minsheng Investment Group Corp (CMIG), which owns approximately 80 percent of Sirius's common shares on a fully diluted economic basis.   25 April 2019
Insurance
Activist investor Voce Capital has hit back at Argo after the insurer published a detailed defence rejecting allegations of misuse of corporate funds and urging shareholders to ignore blue proxy ballots sent out by Voce.   24 April 2019
Insurance
Nasdaq has warned reinsurer Maiden Holdings that it has failed to meet the stock market’s continued listing requirements and that it risks potentially being delisted.   23 April 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.   23 April 2019
Insurance
Bermuda-based insurance group Enstar has signed an agreement with Zurich Insurance Group to reinsure its US asbestos and environmental liability insurance portfolios.   17 April 2019
Insurance
Reinsurer PartnerRe has hired AXIS Re's Jonathan Colello as CEO of property and casualty (P&C) Americas, and president of Partner Reinsurance Company of the US.   16 April 2019

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