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Insurance
Bermuda-based Blue Capital Reinsurance Holdings said that it expects third-quarter catastrophe losses of $57.5 million, net of reinsurance and reinstatement premiums. 19 October 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Oct. 18 that Novae will adopt the AXIS brand and its insurance business will be merged into AXIS’ international insurance division, led by its CEO, Mark Gregory, who reports to Pete Wilson, CEO of AXIS Insurance. 18 October 2017
Insurance
Bermuda-based Aspen Insurance Holdings said on Oct. 16 that it expects to record an underwriting loss of approximately $340 million in the third quarter of 2017. 17 October 2017
Insurance
Bermuda-based run-off firm Catalina Holdings said on Oct. 17 that private equity firm Apollo Global Management has signed a definitive agreement to acquire a majority shareholding in the company. 17 October 2017
Insurance
More reinsurers and insurers have released details of their third quarter catastrophe losses, reflecting the extent to which they were exposed to losses stemming from the recent hurricanes to make landfall in the US. 15 October 2017
Insurance
Bermuda-based Everest Re said on Oct. 12 that it expects to incur pre-tax catastrophe losses, net of reinsurance and reinstatement premiums of $1.2 billion in the third quarter. 13 October 2017
Insurance
Bermuda-based Arch Capital Group said on Oct. 12 that it expects after-tax costs of $285 million to $345 million from natural catastrophes occurred in the third quarter of 2017. 13 October 2017
Insurance
Bermuda-based Arch Capital Group has made a number of senior management changes in its Worldwide Reinsurance Group. 12 October 2017
News
Everest Reinsurance (Bermuda) has appointed new senior underwriters, Luke Armitage and Emma Gairdner, in its London team. 12 October 2017
Insurance
Bermuda-based specialist insurer Hiscox said on Oct. 11 that it plans to increase the 2018 capacity for Syndicate 33 at Lloyd’s by £450 million to £1.6 billion, driven by improving market conditions. 11 October 2017
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