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Insurance
Canopius Group has appointed Michael Pratten to the newly created role of chief investment officer. Pratten joins from Coal Pension Trustees Services where he was also chief investment officer. 21 January 2014
News
American Overseas Group, the Bermuda holding company that owns American Overseas Reinsurance Company, has appointed Rochelle Fyfe, CFO of Orpheus Group, as its new chief financial officer. 15 January 2014
News
New Ocean Capital Management, a Bermuda-based asset management company dedicated to the insurance and reinsurance capital markets and principally owned by XL Group and Stone Point managed funds, has launched two new reinsurance investment strategies. 15 January 2014
News
Everest Re Group’s special purpose reinsurer, Mt. Logan Re, has surpassed its initial funding target of $250 million, bringing the total to £370 million. 13 January 2014
Insurance
Sandy Weill, who retired as chairman of US-based Citigroup in 2006, has been appointed as chairman of the board at Hamilton Insurance Group – the holding company for Hamilton Re, which recently saw the exit of hedge fund manager Steven Cohen. 10 January 2014
News
Two more reinsurance groups have launched sidecars based on Bermuda. 9 January 2014
News
Troubled Tower Group International, which was downgraded last year following the revelation of a substantial shortfall in its reserves, has agreed to merge with ACP Re, a privately-owned Bermuda reinsurer. 7 January 2014
Insurance
Argo Group International Holdings has renewed Harambee Re, its reinsurance sidecar, for the 2014 underwriting year. 7 January 2014
News
Third Point Reinsurance has appointed Mark Parkin as the chairman of its Audit Committee. He succeeds Steven Fass who served as the chairman of the Audit Committee since February 2012. Fass will continue to serve as a member of the Committee. 3 January 2014
Insurance
Third Point Re, the public face of Bermuda’s most recent class, has appointed Nicholas Campbell as senior vice president, underwriting. 23 December 2013
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