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Investment income boosts Third Point Re results
Bermuda-based Third Point Re has swung to profit in the fourth quarter of 2017 and saw its full year 2017 results jump due to investment profits while underwriting produces losses.   1 March 2018
Insurance
Bermuda takes 58 new insurers in 2017
Bermuda registered a total of 58 new insurers in 2017, ranging from captives and long-term re/insurers to special purpose insurers (SPIs).   1 March 2018
Insurance
AmTrust Reinsurance widens Maiden’s Q4 loss
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance.   28 February 2018
Insurance
Enstar enters $275m reinsurance agreement with Zurich
Bermuda-based Enstar Group has signed an agreement with an Australian subsidiary of Zurich Insurance Group to reinsure its New South Wales Motor Vehicle Compulsory Third Party (CTP) insurance business.   23 February 2018
Insurance
PartnerRe losses from HIM, California wildfires at $569m
Bermuda-based Partner Re has reported aggregate losses from hurricanes Harvey, Irma and Maria (HIM) and the California wildfires at $569 million, net of retrocession and reinstatement premiums.   22 February 2018
Insurance
Everest expands financial lines with swathe of hires and new unit
Bermuda-based Everest Re Group has expanded the financial lines division of Everest Specialty Underwriters (ESU) with a private company/not-for-profit (PC/NFP) unit and multiple key hires, the re/insurer said in a Feb. 20 press release.   21 February 2018
Insurance
Hamilton Syndicate 3334 revamps underwriting team following departures
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has reorganized its underwriting team.   20 February 2018
Insurance
2017 nat cat losses prompt Aspen to shut Bermuda unit
Aspen Insurance has closed its Bermuda-based US property insurance unit following high natural catastrophe losses in 2017 that included the recent wildfires in California.   19 February 2018
Insurance
AXIS outlook revised to negative due to insurance operations
AM Best has revised the outlooks to negative from stable of AXIS Capital Holdings and its operating subsidiaries, according to a Feb. 16 press release.   19 February 2018
Insurance
Enstar finalises reinsurance-to-close transaction with Neon
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release.   19 February 2018

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