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Insurance
PartnerRe’s board of directors has reaffirmed its commitment to the planned merger with Axis Capital, following the approval of enhanced merger terms. 5 May 2015
Insurance
Fosun International, a Chinese investment company listed on the Hong Kong Stock Exchange, is to acquire the remaining 80 percent of Ironshore. 5 May 2015
Insurance
Investment company Exor has reaffirmed its determination to pursue PartnerRe after its initial bid for the reinsurer was rejected yesterday (May 4, 2015). 5 May 2015
Insurance
XL Group has completed its $4.1 billion acquisition of Catlin, in a move which sees Catlin de-listed from the London Stock Exchange. 1 May 2015
Insurance
Bermuda-based Validus posted a solid set of results for the first quarter of 2015 as it benefited from growth at Validus Re. 1 May 2015
Insurance
On the back of continuing improved performance, rating agency AM Best has revised the outlook of specialty insurer Torus to stable from negative. 1 May 2015
Insurance
Bermuda-based Arch Capital has posted a solid set of results for the first quarter of 2015 as it benefited from increased profits and growth. 30 April 2015
News
Bermuda-based reinsurer Axis Capital posted a hike in profits for the first quarter of 2015 though its gross written premiums (GWP) shrank slightly. 30 April 2015
Insurance
Re/insurer International General Insurance (IGI), a Dubai-based insurance group with operations in Bermuda and London, has posted strong results for 2014 as it benefitted from a hike in profits and strong revenue growth. 29 April 2015
Insurance
Rating agency Standard & Poor’s (S&P) has downgraded Bermuda’s ratings based on weak economic performance and weak public finances. 29 April 2015
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