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Insurance
Assured Guaranty has entered into a $13.5 billion reinsurance agreement with Syncora Guarantee (SGI), the wholly-owned New York financial guarantee insurance subsidiary of Bermuda-based Syncora Holdings. 6 February 2018
Insurance
UK-based Specialist consolidator Phoenix Group has appointed a new executive management team that will manage the enlarged business upon completion of the Standard Life Assurance acquisition, which is expected in Q3 2018. 26 June 2018
Insurance
Enstar Group has signed an agreement to acquire a further 52 percent stake in KaylaRe Holdings, the parent company of KaylaRe, a Bermuda-based Class 4 reinsurer. 5 February 2018
Insurance
Re/insurer MS Amlin has appointed Frank Padilla as senior international casualty underwriter based in Miami to help it expand into the Latin American market. 6 March 2017
Insurance
Lloyd’s Lab, the global insurance market’s new innovation accelerator, has opened its doors following a global search for technology talent that drew more than 200 applications from 36 countries. 4 September 2018
Insurance
Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018. 15 December 2017
Insurance
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity. 15 December 2017
Insurance
Marsh has created a non-payment insurance product designed for banks and capital market investors that are funding new aircraft purchases from Boeing. 2 June 2017
News
Pool Re, the UK government-backed terrorism pool, has increased its commercial reinsurance coverage to £2 billion, an increase on the £1.95 billion of coverage it previously had in place. 3 March 2017
News
Bermuda-based specialty re/insurer AXIS Capital Holdings said on Aug. 24 that it has partnered with digital start-up Plug and Play to boost digital innovation. 24 August 2017
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