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Scottish Re Group, which went into run-off in 2008 after suffering substantial losses in 2007, has started voluntary provisional winding up proceedings in Bermuda, where it is headquartered, and filed for parallel winding up proceedings in the Cayman Islands, where it is incorporated. 24 May 2017
Insurance
Specialty re/insurer Sompo International has launched a new middle market property insurance unit in the US, and appointed Patrick Mulhall to build and lead the new team. 23 May 2017
Insurance
Mark Smith, chief financial officer of Bermuda-based Enstar Group, will step down at the end of the year, and move into a consulting role. 23 May 2017
Insurance
Brian Duperreault, the new president, CEO and director of American International Group (AIG), explained that he left the Bermuda-based Hamilton Insurance Group to fix issues at AIG which was recently hit by large losses, impacting investors’ confidence. 16 May 2017
Insurance
American International Group (AIG) has agreed in principle to acquire Hamilton Insurance Group's US platform for around $110 million while expanding their partnership. 15 May 2017
Insurance
Hamilton Insurance Group, the Bermuda-based holding company for property and casualty re/insurance in Bermuda, the US and at Lloyd’s, has appointed William Freda to the position of chairman of the board, and David Brown as interim Group CEO with immediate effect. 15 May 2017
Insurance
American International Group (AIG) has officially announced Brian Duperreault as its new president, CEO and director. 15 May 2017
Insurance
Hudson Structured Capital Management (HSCM) acted as a lead investor in the recent $45.5 million private debt arrangement for Catalina General Insurance, a subsidiary of Catalina Holdings (Bermuda), the company has revealed. 12 May 2017
Insurance
American International Group (AIG) is planning to name former company executive Brian Duperreault as its new chief executive, the Wall Street Journal reported late on May 10. 11 May 2017
Insurance
Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company. 11 May 2017
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