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Insurance
Bermuda-based holding company Fidelis Insurance has appointed Hinal Patel to succeed Neil McConachie as group chief financial officer (CFO) with effect from June 30. 7 March 2017
News
Bermuda-based PartnerRe has appointed Humberto Cabrera as head of Latin America. He will lead the development of company's business in the region, replacing interim head Salvatore Orlando. 6 March 2017
Insurance
Profits at Global Indemnity, which writes commercial and personal lines property/casualty business in the US and reinsurance through a Bermuda subsidiary, increased in 2016 as the company also enjoyed strong growth in its reinsurance book. 3 March 2017
Insurance
Bermuda-based White Mountains Insurance Group has elected Manning Rountree as chief executive officer (CEO) with immediate effect, succeeding Ray Barrette, who is retiring from the company. 3 March 2017
News
Ariel Re, a subsidiary of Bermuda-based Argo Group, has launched the Xuber for Reinsurers platform across its Lloyd's and Bermuda businesses. 2 March 2017
Insurance
Ratings agency AM Best said it will monitor the situation after Bermuda-based Maiden Holdings delayed the filing of the company’s 2016 annual report by up to 15 days. 2 March 2017
Insurance
US-based property/casualty insurer Liberty Mutual Holding Company reported attributable net income of $1.01 billion for 2016, an increase of $492 million versus the same period in 2015. 2 March 2017
Insurance
Bermuda-based XL Group has said that it expects the UK’s Ogden rate change decision to cost the re/insurer around $75 million. 1 March 2017
Insurance
Bermuda-based Maiden Holdings has said that its 2016 results were substantially down on the previous year after it was hit by a $120 million reserve charge. 1 March 2017
Insurance
Enstar Group enjoyed a profitable 2016 and also solid growth. But it also warned that if pricing in many lines of business continues to deteriorate, its underwriting margins may suffer and it may need to write less premium in certain lines of business. 28 February 2017
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