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Insurance
Bermuda-based Aspen Insurance Holdings has appointed David Schick as group chief operating officer, replacing Richard Thornton who is leaving the business after almost four years. 6 December 2017
Insurance
Bermuda-based RenaissanceRe Holdings estimated the losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations. 6 December 2017
Insurance
Rating agency AM Best has placed Bermuda-based Sirius International Group's (SIG) outlook "under review with negative implications" following the company's recent announcement to acquire control of Israeli insurer Phoenix. 28 November 2017
Insurance
Bermuda-based Ascot Group has launched its reinsurance division, Ascot Re, following approval from the Bermuda Monetary Authority (BMA). 27 November 2017
Insurance
Bermuda-based Sirius International Insurance Group has decided to buy Israeli conglomerate Delek Group's remaining 47.35 percent holdings in insurer Phoenix for a cash sum of NIS 2.3 billion ($656 million). 27 November 2017
Insurance
The 2017 hurricanes Harvey, Irma and Maria (HIM) led to recorded estimated losses of $31.2 billion net of reinsurance costs for Bermuda re/insurers, according to the Bermuda Monetary Authority (BMA). 22 November 2017
Insurance
Bermuda-based Everest Re Group has extended the employment agreement of president and chief executive officer Dominic Addesso to December 31, 2019. 21 November 2017
Insurance
PartnerRe made a big loss in the third quarter of 2017 because of cat losses related to the hurricanes Harvey, Irma and Maria. But the company also enjoyed continued steady growth and said it anticipates improving pricing conditions. 17 November 2017
Insurance
Bermuda-based Everest Re Group has formed a new business segment targeting small, middle and large private/not-for-profit (NFP) companies on a primary and excess basis, offering innovative product and solutions across several industries. 13 November 2017
Insurance
Bermuda-based re/insurer Sompo International has hired Alison Wood and Lorene Phillips for its global casualty reinsurance team in London. 13 November 2017
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