All the headlines from our Bermuda Topic Page, ordered by recency.
Nov 19 2006 // Merchants Group Inc. in Buffalo, N.Y., which sells property casualty insurance through Merchants Insurance Co. of New Hampshire, agreed to be bought by American European Group Inc., a private insurance holding company.The...
Nov 19 2006 // Hiscox, Bermuda Holding CompanyLondon’s Hiscox plc outlined its corporate reorganization plan. A new Bermudan domiciled holding company for the Group, Hiscox Ltd., has been established. Shareholders of Hiscox will...
Nov 3 2006 // Bermuda-based Aspen Insurance Holdings Limited has appointed Julian Cusack, currently its CFO, to the expanded role of Chairman and CEO of Aspen Insurance Limited (AIL), Bermuda. He will step down as CFO once a successor...
Oct 31 2006 // Bermuda-based Max Re Capital Ltd. announced that its Audit and Risk Management Committee has “reopened its previously announced internal investigation with respect to two of the three contracts originally in question...
Oct 30 2006 // Aon Re Global, the Chicago-based provider of reinsurance brokerage and integrated capital solutions and services of Aon Corp., has announced the appointment of Paul Markey as managing director, global market relationships,...
Oct 25 2006 // London’s Hiscox plc, announced progress in its reorganization plan to establish a Bermuda-based holding company. Hiscox announced that a circular setting out full details of the corporate reorganization together with...
Oct 23 2006 // The Society of Chartered Property Casualty Underwriters elected new officers and governors. They are: President Betsey L. Brewer, senior vice president of The Rule Co. in Pasadena, Calif. President-Elect James L. Britt,...
Oct 9 2006 // Ernie Csiszar resigned from the Property Casualty Insurers Association of America. PCI has launched a national search for a new CEO. June Holmes, PCI’s current chief operating officer, will serve as the interim...
Oct 9 2006 // PeopleErnie Csiszar resigned from the Property Casualty Insurers Association of America. PCI has launched a national search for a new CEO. June Holmes, PCI’s current chief operating officer, will serve as the interim...
Oct 4 2006 // The Bermuda-based White Mountains Re Group, Ltd., the reinsurance unit of the White Mountains Insurance Group, announced that C. Russell Fletcher III will join the organization. He’s been named as President and CEO...
Oct 2 2006 // The Bermuda-based Catlin Group Limited, an international specialty P/C insurer and reinsurer, announced that an operating subsidiary, Catlin Insurance Company Ltd. of Bermuda, “intends, subject to completion of...
Sep 22 2006 // AXIS Capital Holdings Limited announced that the Company has consolidated its Bermuda-based operations and staff into its new headquarters, AXIS House, which is located at 92 Pitts Bay Road, Pembroke, Bermuda HM08. AXIS...
Sep 18 2006 // ACE’s Bermuda-based subsidiary, Corporate Officers & Directors Assurance Ltd. (CODA) has announced the launch of three new professional lines products aimed at the North American business segment.Executive VP...
Sep 13 2006 // ACE Limited announced that Lori Samson, Executive Services Director, has been named Chief Administration Officer for Bermuda-based operations. In this role she assumes the administrative responsibilities of Keith White,...
Sep 12 2006 // U.K.-based specialty and Lloyd’s insurer Hiscox plc posted a mixed first half performance. According to its recently published statement gross premiums written rose 43 percent to £625.1 million ($1.167 billion)...
Sep 11 2006 // A hurricane warning continues for Bermuda as Florence, the sixth named storm of the season, passes near the island.The center of the storm is passing a short distance west and northwest of Bermuda this morning. At 8 am the...
Sep 5 2006 // The U.K.’s Hiscox plc announced that its Board of Directors, is “in discussions which could lead to the creation of a new reinsurer, which will only reinsure Hiscox Syndicate 33,” which it manages, and in...
Sep 4 2006 // In its recently issued global insurance report A.M. Best Co. concludes that “almost a year after three massive hurricanes — Katrina, Rita and Wilma — the global reinsurance industry is still struggling to...
Aug 30 2006 // ACE Bermuda has appointed Anup Seth as Managing Director of ACE European Markets. He will assume responsibility for the general day-to-day management of ACE’s Dublin-based operation, which was established in 1997 to...
Aug 29 2006 // Global services provider Towers Perrin announced that Phillip Pettersen has joined the firm’s Reinsurance business as a Managing Director based in its Bermuda office. He will be responsible for business and brand...