Aspen will be the sole cedant to Pando Re and Pimco will be the investment manager.
He will report to Tony Fox, CEO and chairman of reinsurance solutions Bermuda, who will remain as chairman
AM Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a+” (Excellent) for Bermuda-headquartered PMG Assurance
Riihiluoma currently serves as vice president and will succeed Richard Sammons in the role
The investigation concerns whether James River and a certain of its officers have violated the federal securities laws
The launch was confirmed as the group released its Q3 highlights, which included strong underwriting margins and net income results
Fleming is a Bermuda-based reinsurer, with particular specialisms in run-off and legacy reserve transactions
Aon has appointed Zak Mallen as a head of strategic growth for casualty reinsurance in Bermuda
