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Appointee joined the company in 2014 as head of US Distribution for its insurance business

Bermudian-based bond insurer reports net income of $376 million for the quarter and $739 million for the full year

Stephen Lord joins as CIO and Robert Barriero comes aboard as head of strategic sourcing and corporate real estate

Son of the brokerage’s founder takes over top job from Peter Clune

Excess Casualty Construction Facility offers an enhanced range of $25 million to $50 million in excess capacity

Appointee will oversee the day-to-day operations of the holding company

Company was part of the near $3 billion in assets acquired from American International Group

Meanwhile, Fidelis Insurance Bermuda has successfully closed a new catastrophe bond

Agreement reinsures a seasoned and diversified block of Manulife’s life, annuity, and long-term care insurance business

Coverage highlights include first-party cyber coverage, broad mitigation and cost of correction coverage and broad third-party crime coverage