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Insurance
Brian Duperreault, the insurance industry veteran who will head up Hamilton Insurance Group, the Bermuda holding company set to acquire SAC Re, believes the company can set new standards in the way advances in data analytics, research, and technology will be harnessed to better understand risk. 11 December 2013
Insurance
Argo Group, an international underwriter of specialty insurance and reinsurance products, has made two management appointments to its international specialty segment. 3 December 2013
News
Aspen Reinsurance’s capital markets division has established Silverton Re – a Bermuda domiciled special purpose insurer formed to provide additional collateralised capacity to support Aspen Re’s global reinsurance business. 3 December 2013
News
Ironshore’s Pembroke Managing Agency (Pembroke) has received approval from Lloyd’s to manage a new syndicate for the 2014 Year of Account. The new syndicate, named Acappella Syndicate 2014, is targeting £60.5 million of premium in its first year and has a £75 million stamp capacity. 2 December 2013
News
Bermuda has outpaced Cayman in the ILS space for the first time in 2013, by both the value of ILS issuance and the number of bonds issued, according to a new report released by the BMA. 27 November 2013
Insurance
Enstar Group, the Bermuda-based company that acquires and manages insurance and reinsurance companies in run-off and Stone Point Capital, a financial services-focused private equity firm, have completed the previously announced acquisition of Atrium Underwriting Group from Arden Holdings. 25 November 2013
News
Mt. Logan Re, Everest Re Group’s special purpose reinsurer, has appointed David Whiting as chief underwriting officer. 25 November 2013
News
As much as another $100 billion in alternative capital could enter the reinsurance markets in the next five years with the affect this will have on the market being a question of how it is managed. 20 November 2013
News
Argo Group International Holdings, an international underwriter of specialty insurance and reinsurance products, has promoted Matthew Wilken to president of Argo Re. In his new role, Wilken will oversee the company’s property catastrophe reinsurance operations based in Bermuda. 20 November 2013
Insurance
Chris McKeown has been appointed chief executive officer of New Ocean Capital Management, the investment management company recently formed by XL, with funds managed by Stone Point Capital. 19 November 2013
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