Articles

Insurance

Allied World reshuffles Bermuda leadership in growth strategy

Allied World Assurance Company Holdings has reshuffled the leadership of its Bermuda operations as part of its growth and expansion strategy on the island.   28 January 2019

Insurance

Cyber risk modelling start-up Kovrr raises $5.5m; sets out to tackle silent cyber with new approach

Israel-headquartered cyber risk modelling firm Kovrr has raised $5.5 million in its latest funding round led by venture capital firms StageOne Ventures and Mundi Ventures, with participation of Banco Sabadell and other private investors.   17 September 2019

Insurance

Everest boosts environmental leadership in US

Bermuda holding company Everest Re Group has appointed Brian Farr as the leader of its environmental unit within Everest Insurance.   13 July 2017

Insurance

James River expands board with ex-Montpelier boss, Morgan Stanley VC

Bermuda-based James River Group Holdings has appointed Christopher Harris and Sundar Srinivasan to its board of directors, and to its audit and investment committee, respectively.   7 November 2018

Insurance

Hamilton acquires Lloyd's Pembroke Managing Agency, Ironshore Europe from Liberty Mutual

Bermuda-based Hamilton Insurance Group has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency platform at Lloyd’s and Ironshore Europe DAC (IEDAC).   14 March 2019

Insurance

Miller appoints energy construction lead from Marsh

Re/insurance broker Miller has hired Ian Curtin to lead its energy construction team.   18 July 2018

Insurance

Allstate April cat losses at $211m

US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of April 2018 of $211 million before taxes.   17 May 2018

Insurance

RSG names CEO of new property cat underwriting facility

Ryan Specialty Group (RSG) has appointed Katie Davies to join an RSG affiliate as president and CEO of a new property catastrophe managing underwriting facility.   15 June 2018

Insurance

Berkshire shrinks re/insurance operations in Q1

Berkshire Hathaway has reduced net earned premium in its re/insurance operations by 38.5 percent year on year to $13.37 billion in the first quarter of 2018 driven by the Berkshire Hathaway Reinsurance Group unit, according to KBW research.   8 May 2018

Insurance

Storm Xavier to cost insurers €324m: PERILS' final estimate

Extratropical Cyclone Xavier that primarily affected Germany on October 5 of 2017 will cost insurers approximately €324 million, according to the final loss estimate of PERILS.   5 October 2018

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