Bermuda
-
The live carrier will cease writing business with immediate effect and become a platform for the legacy acquirer's Asian run-off expansion. -
The executive has held casualty positions at AIG, Ironshore and Endurance.
-
The reinsurance chief also says he’s preparing clients for significant rate rises as the carrier’s underwriting “walks the talk”.
-
The carrier had previously ramped up its property portfolio in 2018 after hiring a new team led by Nick Pritchard.
-
The closure of the Miami office will also affect Aspen’s insurance operations.
-
The wholesale broker launched its Bermuda operation in August, with Richard Tomkins relocating to lead the venture.
-
Former global A&H head Jeff Herman has also left the role this month after more than two years with the firm.
-
International CEO Vandendael predicts staff numbers in London and Dublin will rise by about a quarter in 2020.
-
The business will become part of Artex Risk Solutions, a unit that focuses on captive management and alternative risk transfer.
-
Hamilton said Syndicate 2014 will cease underwriting with immediate effect.
-
The insurer requires permission from Bermudian authorities to affirm the appointment.
-
A forensic auditor found that benefits to former CEO Mark Watson were either ‘not disclosed or incorrectly disclosed’ to investors.
