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Insurance
Bermuda-based Validus Holdings reported a net loss of $4.1 million for the first quarter of 2018 after a net income of $94.6 million in the same period of 2017. 2 May 2018
Insurance
Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side. 2 May 2018
Alternative Risk Transfer
Business written by Blue Capital Reinsurance Holdings decreased by almost a third in the first quarter of 2018 compared with the same period a year before, despite positive rate increases. 1 May 2018
Insurance
Standard & Poor’s Global Ratings has raised the assessment of Sompo Holdings Group’s enterprise risk management (ERM) to “Strong” from “Adequate with strong risk controls”. 1 May 2018
Insurance
Marsh & McLennan unit Guy Carpenter & Company has promoted John Fletcher to chairman of the firm’s Bermuda operations with immediate effect. 30 April 2018
Insurance
As part of AXIS Capital’s transformation initiative to strengthen its operating model, the firm expects to deliver an additional run-rate cost savings of $40 million over the previously announced $60 million related to the integration of Novae, the company said while presenting the first quarter 2018 results. 26 April 2018
Insurance
Bermuda-based Sompo International Holdings, a specialty provider of property and casualty insurance and reinsurance, has appointed John (Jack) Kuhn to the new role of chief underwriting officer (CUO) for Sompo International’s property & casualty (P&C) business. 25 April 2018
Alternative Risk Transfer
2017 was a record breaking year for cat bond issuance. Gary Harris and Brad Adderley from legal firm Appleby take a look back at what was a year to remember. 25 April 2018
Alternative Risk Transfer
IPS Search’s Colum Lovett & Dan Gattis discuss the findings of their talks with insurance executives about the clash between traditional re/insurers and the newer ILS market participants as they seek to recruit the best and brightest. 25 April 2018
Insurance
Bermuda-based R&Q Investment Holdings unit Accredited Surety & Casualty Company has closed a programme underwriting partnership with Renaissance Managing General Agency. 25 April 2018
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