Articles
Insurance
Bermuda-based Argo Group International Holdings, an underwriter of specialty insurance and reinsurance products, has become a member and network partner of GBN Worldwide. 11 March 2019
Insurance
Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, is planning to launch the industry's first Distributed Ledger Technology (DLT) driven risk and capital exchange in Bermuda. 6 March 2019
Insurance
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Navigators' Ayesha West to join its cyber insurance group as a vice president. 6 March 2019
Insurance
Bermuda-based mortgage insurance provider Essent Group, a subsidiary of Essent Guaranty, has secured $473.2 million of fully collateralised excess of loss reinsurance coverage. 4 March 2019
Insurance
Bermuda-based Enstar Group has terminated its $2.68 billion loss portfolio transfer (LPT) deal with Maiden Holdings, and replaced it with a new $675 million adverse development cover (ADC). 4 March 2019
Insurance
Bermuda-based re/insurer Arch Capital Group has appointed Andrew Rippert, David Gansberg, and Michael Schmeiser to new leadership roles. 4 March 2019
Alternative Risk Transfer
The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios. 1 March 2019
Insurance
Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl. 28 February 2019
Insurance
Bermuda-based AXIS Capital Holdings has expanded its board of directors with the appointed of Lizabeth Zlatkus. She has previously held several senior management positions at The Hartford Financial Services Group during her 28-year tenure at the company. 27 February 2019
Insurance
The board of the Argo Group has described a letter by Voce Capital Management, a shareholder in the company, which heavily criticises Argo’s performance and leadership, as misleading, inaccurate and a “personal attack” on its chief executive Mark Watson III. 26 February 2019
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