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Insurance
Bermuda-based AXIS Capital Holdings has received final authorisation from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) for its own Lloyd’s managing agent. 14 July 2017
News
PartnerRe has appointed Dorothée Burkel to the new position of chief corporate and people operations officer, with effect from October. 14 July 2017
Insurance
Everest Insurance, a subsidiary of Bermuda-based Everest Re Group, has hired Andreas Graham to join its excess casualty team and lead the expansion of energy portfolio and capabilities. 11 July 2017
Insurance
S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group. 10 July 2017
Insurance
AmTrust Financial Services has entered into an agreement for a loss development cover with Premia Reinsurance, a subsidiary of Premia Holdings, the Bermuda start-up whose majority shareholders are Arch Capital Group and private equity firm Kelso & Company. 7 July 2017
Insurance
Specialist Lloyd's insurer Neon has appointed Chris Conway, formerly a senior underwriter at Ascot Underwriting Bermuda, to its property reinsurance team in Bermuda. 7 July 2017
Insurance
AXIS Capital’s acquisition of Novae Group defies critics that believe that the London Market has become overly expensive and unattractive. 6 July 2017
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million). 6 July 2017
Insurance
Bermuda-based Arch Capital Group has completed the acquisition of AIG United Guaranty Insurance (Asia) from American International Group. The company will now operate as Arch MI Asia. 5 July 2017
Insurance
Bermuda-based holding company Fidelis Insurance has promoted Ian Turner to the position of group chief actuary. 5 July 2017
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