INSURANCE
Anthony appointed CEO of catastrophe risk group
St Lucia's Isaac Anthony was appointed as CEO of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) in January, Don Burgess reported on Wednesday.
Insurers' joy as minimal damage keeps claims low
Igor’s bark was worse than his bite, with insurance companies reporting minor damage.
BA life policyholders to receive partial refund
THURSDAY, OCT. 28: On August 3, 2009, upon the application of the Bermuda Monetary Authority, the Official Receiver was appointed as provisional liquidator of British American Insurance Company Ltd. by the Supreme Court of Bermuda.
November 3: Business briefs
Axis appoints CFO. Coopers revamp.
Fitch awards Bermuda AA+ rating
MONDAY, NOV. 22: Bermuda was rated AA+ by Fitch today, which is one notch below the highest rating of AAA.
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Young Bermudians enjoy insurance tour of the U.S.
A young property insurance broker was among a group of Bermudians on an insurance industry educational and networking tour of the U.S. Kara Gibbons spent three days in New York attending sessions on a wide range of insurance topics.
Bermuda plays important role at international risk conference
THURSDAY, DEC. 9: Bermuda's strong regulatory environment, supportive business community and government were highlighted this week at the world's largest risk management conference.
XL appoints senior risk officer
XL Group has appointed Fielding ‘Fid’ L. Norton III as senior vice president, deputy chief enterprise risk officer.
January 12: Business briefs
A.M. Best Company has affirmed the financial strength rating of 'A' IX (excellent) of American Safety Insurance's Bermuda reinsurance and U.S. insurance subsidiaries.
January 26: Business Briefs
Bermuda-based Aspen Insurance Holdings Ltd has been added to the Standard and Poor's MidCap 400 Index.
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XL estimates Japan loss of up to $290m
Insurer XL expects losses of up to $290 million from the Japanese earthquake and tsunami, the company said on Monday.
ACE interns help young gymnasts
ACE's summer interns painted and cleaned up the Bermuda Gymnastics Association's St David's training facility last month.
Growth emerged from the tragedy of 9/11
Allied World, Arch Capital, Axis, Endurance Specialty Holdings and Montpelier Re wrote over $10 billion worth of premiums in 2010.
Irvine and Outerbridge gain senior XL appointments
Matthew Irvine and Stephen Outerbridge were appointed to senior positions at XL Insurance (Bermuda) Ltd on Wednesday.
Insurers set up in Bermuda
Two insurance companies set up shop in Bermuda in October, bringing the total number of new insurers to 37 for the year.
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