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Maiden Holdings is replacing the CEO and the chief financial officer amidst a restructuring of the business. 10 August 2018
Insurance
AmTrust Financial Services, Maiden Holding’s biggest client has continued to drag the reinsurer’s performance in the second quarter of 2018 and both companies decided to reduce the notice period for termination of their quota share agreement from nine months to five months prior to July 1, 2019. 10 August 2018
News
Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund. 8 August 2018
Insurance
White Mountains Insurance Group enjoyed a big increase in its revenues in the second quarter of 2018 mainly driven by the additional revenues of NSM Insurance HoldCo, an insurance programme administrator it acquired for $274 million, this year. But its overall profits deteriorated. 8 August 2018
Insurance
Bermuda-based Argo Group grew its US operations by 12.3 percent year on year to $410.0 million in the second quarter of 2018. 7 August 2018
Insurance
Starr Insurance Companies has entered into an agreement to acquire the renewal rights of Aspen Insurance’s aviation business. 7 August 2018
Insurance
Bermuda-based underwriter of specialty insurance and reinsurance Argo Group International Holdings has appointed Thomas Bradley to its board of directors. 7 August 2018
Insurance
Arch Capital Group CEO Marc Grandisson sees mortgage insurance producing “outstanding” results while conditions in the reinsurance business are only improving “modestly”. 2 August 2018
Insurance
Bermuda-based insurance group Enstar reported a sharp drop in net earnings for the second quarter of 2018 as expenses weighed on the firm’s performance while income declined. 2 August 2018
Insurance
Bermuda-based Aspen Insurance Holdings has reported a loss in the second quarter of 2018 due to the impact of investments and foreign exchange. 2 August 2018
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