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Insurance
Bermuda-based excess and surplus (E&S) lines carrier Colony Specialty, a member of Argo Group International Holdings, has appointed Jeff Canfield to serve as head of casualty. 12 September 2018
Alternative Risk Transfer
The ILS market in Bermuda looks very healthy, with more issuances and more platforms being built, Brad Adderley, partner in the corporate department of Appleby’s Bermuda office, told Monte Carlo Today. 12 September 2018
Insurance
The Bermuda Stock Exchange (BSX) continues to develop its core mission, which is to create and maintain a capital markets stock exchange platform for the benefit of Bermuda, according to Greg Wojciechowski, chief executive of the BSX. 12 September 2018
Insurance
Extraordinary Re, an insurtech company that has created a trading platform run by Nasdaq for investors to trade assets tied to insurance liabilities, is looking to roll out its offering and is launching a presence in Bermuda, according to chairman and chief executive officer Will Dove. 12 September 2018
Alternative Risk Transfer
Partnerships between traditional capital and ILS will become the new operating model going forward, according to John Huff, chief executive, Association of Bermuda Insurers and Reinsurers. 12 September 2018
Insurance
Bermuda-based Sirius International Insurance, a global multi-line re/insurance group, has revealed several key promotions and the formation of a new management committee. 11 September 2018
Insurance
French insurer AXA has received all required regulatory approvals for the acquisition of Bermuda-based XL Group. 11 September 2018
Insurance
American International Group (AIG) has hired XL Catlin's Catherine Duffy to join the company’s general insurance business as country manager of Bermuda. 11 September 2018
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today. 11 September 2018
Insurance
Asset manager Hudson Structured Capital Management (HSCM) has hired Simon Fascione, who previously held senior roles in Bermuda fund manager Aeolus and Lancashire Underwriting, as partner and chief investment officer for the Bermuda office. 11 September 2018
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