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Insurance
Validus Holdings has agreed to buy the crop insurance general agent of Archer Daniels Midland (ADM) for $127.5 million in cash. 31 January 2017
Alternative Risk Transfer
The insurance-linked securities (ILS) market grew to $75 billion in 2016, up from $70 billion in the previous year, according to the latest ILS market update from Willis Capital Markets and Advisory. 26 January 2017
Insurance
Ascot Underwriting has appointed a new team to underwrite healthcare, casualty treaty, and specialty reinsurance business, based in Bermuda. 26 January 2017
Insurance
Sirius, the Bermuda-based holding company, has launched new primary surety and environmental platforms having hired two experienced executives from Tokio Marine and Great American Insurance Group. 26 January 2017
Insurance
Everest Reinsurance has partnered with Charter Partners' co-founder Glen Welch and Todd Welch on a joint venture, Salus Systems, focusing on workers and business safety. 26 January 2017
Insurance
Endurance Specialty has launched a new service enabling its insureds to better respond to ransomware and similar extortion events. 18 January 2017
Insurance
Neil McConachie, the co-founder and chief financial officer of Bermuda-based Fidelis Insurance, has decided to step down from his role in January 2018 citing personal reasons. 13 January 2017
News
Alphacat Managers, the third party reinsurance capital management subsidiary of Validus, has increased its third party assets under management (AUM) by 20 percent on the back of what its CEO called strong investor support. 13 January 2017
Insurance
The largest ever start-up re/insurer dedicated to run-off has been formed on Bermuda with more than $500 million in capital in an indication of the growing importance and anticipated growth of the legacy market globally. 10 January 2017
Insurance
Bermuda-based Hamilton Re has appointed Matthew Isaly to the newly-created position of senior vice president, head of information systems. 10 January 2017
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