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Insurance
Bermuda-based Maiden Holdings has created an insurtech team to help customers identify emerging technology and leverage it to achieve their strategic goals. 22 March 2018
Insurance
AXIS is paying the departing CEO of AXIS accident & health (A&H), Christopher DiSipio, a severance payment of $1.8 million. 21 March 2018
Insurance
Bermuda-domiciled insurance and reinsurance holding company Paraline has appointed Paul Rayner as active underwriter of Paraline Syndicate 4242 and SPA 6123. 21 March 2018
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has unveiled a new management structure for its Bermuda team that includes new hires and expanded roles. 20 March 2018
Alternative Risk Transfer
Bermuda-based Everest Re Group and Hudson Structured Capital Management (HSCM) have entered into a strategic agreement that will see the reinsurer invest across several of HSCM’s investment funds, including as the anchor investor in HSCM’s new insurance technology strategy that will launch in early 2018. 20 March 2018
Insurance
United Arab Emirates-based International General Insurance Holdings (IGI) saw its combined ratio deteriorate to 103 percent in 2017, compared to 87.5 percent in 2016. 19 March 2018
Insurance
Bermuda-based Arch Capital Group (ACGL) has promoted president and chief operating officer (COO) Marc Grandisson to the position of CEO, replacing Constantine Iordanou. 19 March 2018
Insurance
Pembroke Managing Agency has been granted approval by Lloyd’s to establish and manage GIC Syndicate 1947, which has been cleared to underwrite business from April 1. 19 March 2018
Insurance
Specialty re/insurer Canopius has appointed Laurie Davison as group chief operating officer (COO) and Nigel Meyer as group chief financial officer. 14 March 2018
Insurance
Sirius International Insurance Group is in negotiations to raise around $400 million in equity to help shoulder acquisitions and prepare for an IPO. 14 March 2018
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