Articles
Insurance
Shares of Bermuda-based insurer XL Group jumped following news that it is attracting interest from rivals including Allianz of Germany. 8 February 2018
Insurance
Specialist insurer Hiscox is changing its group management structure to build on growth momentum in its retail businesses, according to a Feb. 8 press release. 8 February 2018
Insurance
Bermuda-based AXIS grew gross premiums written in its reinsurance segment by 62 percent year on year in the fourth quarter of 2017 excluding the Novae acquisition. 8 February 2018
Insurance
Bermuda-based insurance holding company White Mountains is seeking opportunities to deploy excess capital. 7 February 2018
Insurance
A significant increase in operating profit in the fourth quarter of 2017 helped to prop up Everest Re’s 2017 full year results which were impacted by severe natural catastrophes in North America. 6 February 2018
Insurance
Assured Guaranty has entered into a $13.5 billion reinsurance agreement with Syncora Guarantee (SGI), the wholly-owned New York financial guarantee insurance subsidiary of Bermuda-based Syncora Holdings. 6 February 2018
Insurance
Enstar Group has signed an agreement to acquire a further 52 percent stake in KaylaRe Holdings, the parent company of KaylaRe, a Bermuda-based Class 4 reinsurer. 5 February 2018
Insurance
Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis. 5 February 2018
Insurance
Validus Holdings made a loss in 2017 but it enjoyed solid growth and, as the company prepares for life owned by AIG, its CEO said it has been able to take advantage of rate increases while reducing its peak US hurricane exposure. 2 February 2018
Insurance
XL Group made a net loss of $560.4 million in 2017 – a big reversal on the $440 million net profit it posted the year before. But its CEO said the company has learned from the 2017 catastrophe experience and is adjusting its portfolio accordingly. 2 February 2018
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