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Bermuda

Latest insight from the international reinsurance club

 

Arch Capital chief executive Grandisson retires

Bermuda-based re/insurer names Papadopoulo as new CEO

Bermuda Reinsurance

Enstar closes $400m LPT deal with SiriusPoint

Bermuda-based carrier reinsures book of workers’ compensation business covering underwriting years 2018 to 2023

Bermuda Legacy

Axa XL promotes Flanagan to head of P&C Bermuda

Carrier looks to grow Bermuda property insurance line with leadership appointment

Bermuda Axa

Acrisure launches wholesale insurance broking operation in Bermuda

Broking group hires industry veteran Paul Scope to lead new office

North America Bermuda

Fidelis Partnership completes $2bn refinancing

Growth strategy includes broadening the firm’s reach in the Middle East, Africa, Asia and Latin America, expanding its Pine Walk platform and ‘leveraging’ syndicate 3123

Bermuda Reinsurance

Mosaic launches terrorism cover for fine art and specie

Programme provides syndicated capacity of up to $215m per risk

Lloyds Specialty

Ascot names Lee as board chairman

Founder of private investment firm BellTower Partners succeeds Neill Currie on board of specialty carrier

Bermuda Ascot

IQUW appoints Hearn to board

Former Marsh McLennan vice-chair and Guy Carpenter chief executive joins specialist re/insurer as non-executive director

Bermuda Property

Gallagher launches specialty business in Bermuda

New business will be led by Jasmine DeSilva as managing director

Bermuda Specialty

Fidelis names Kittinger group COO

Bermuda-based carrier hires Arch's Kittinger to enhance operational efficiency  

Bermuda Specialty

MultiStrat promotes James to CUO

Kier James succeeds Bob Forness who will now lead the business as group chief executive

North America Bermuda

Axis eyes $600m growth initiatives as it continues specialty drive

Bermuda-based carrier remains ‘very cautious’ about casualty reinsurance business, senior executives tell Insurance Day

Bermuda Axis Capital

Aon expands Bermuda reinsurance team

Broker hires former Peak Re and Acacia Holdings executive Cheng as part of strategy to expand property specialty retrocession, local facultative and captive reinsurance platform

Bermuda Aon

Sixth Street's Enstar acquisition survives 'go-shop' period

Legacy specialist Enstar solicited bids from 34 potentially interested third parties but received no additional offers

Bermuda Enstar

Brit hires Guy Carp's Stephenson to lead Bermuda expansion

Bermuda platform ‘an important new growth pillar’ for the specialty carrier’s reinsurance business that will complement syndicate offering

Bermuda Brit

Aspen names Spires as deputy group general counsel

Former Lloyd’s general counsel joins Bermuda-based carrier

Bermuda Aspen
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