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Blue Capital Reinsurance Holdings has revealed its estimated losses stemming from a number catastrophes in the second quarter including the Fort McMurray wildfires in Canada, the convective storms in Texas and Europe and the Kumamoto earthquake in Japan. 18 July 2016
Insurance
Another Bermuda-based re/insurer has estimated the extent of its losses stemming from a busy period of catastrophe losses in the last quarter including the Canadian wildfires and weather-related events in the US. 18 July 2016
Insurance
Randall & Quilter Investment Holdings has acquired Agency Program Insurance Company (APIC), a Bermuda-based a Class 3 insurer in run off, from a diverse base of predominately individual shareholders. 18 July 2016
Insurance
Endurance Specialty Holdings has provided an initial estimate of $55.5 million net negative financial impact to the company in the second quarter of 2016 from the Fort McMurrary wildfires in Canada, the storms in Texas and Europe, and the Kumamoto earthquake in Japan, which have collectively generated approximately $10 billion in industry losses. 15 July 2016
Insurance
XL Group and Aspen Insurance Holdings have both issued estimates for their natural catastrophe losses in the second quarter of 2016. 14 July 2016
Insurance
Qatar Re has expanded its governance and operations through the appointments of Andrew Smith as chief risk officer, Adam Young as head of compliance and Steve Tidd as chief operation officer. 13 July 2016
Insurance
Aspen Insurance, the insurance segment of Aspen Insurance Holdings, has appointed Nicky Alexandru as its head of US crisis management. 13 July 2016
Alternative Risk Transfer
Artex, an alternative risk management subsidiary of Arthur J Gallagher, has positioned itself for growth in the alternative risk market by updating its logo and brand platform. 11 July 2016
Insurance
Lancashire Holdings has appointed Robert Lusardi as a non-executive director, effective 8 July 2016. 8 July 2016
Insurance
Hedge fund reinsurers (HFRs) have “lost momentum because of competitive pressures within the reinsurance market and the challenging investment environment,” according to S&P analysts. 7 July 2016
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