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Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
Insurance
Specialist Lloyd’s insurer Neon has appointed Tom Hulst and Gavin Hunter as non-executive directors of Neon’s Bermuda operations with immediate effect. 12 December 2016
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has launched a cyber solution for manufacturers backed by Lloyd’s capacity and led by Brit Insurance. 7 February 2017
Insurance
The aviation insurance market has contracted significantly in 2016 as insurers tried to reduce their exposure to loss-making contracts and improve underwriting profitability, according to the latest “Plane Talking” aviation newsletter by JLT. 27 January 2017
Insurance
As Brazil emerges from the worst financial crisis in the history of the country, Tokio Marine Kiln (TMK) is gearing up to embrace this growth. 13 November 2017
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
XL Group has extended its support for specialist Shariah compliant managing general agency, Cobalt Underwriting, with cover for financial lines products. 1 July 2014
Insurance
Australian construction insurer Ensurance has gained regulatory approval to operate as a MGA and also made a series of high-profile appointments, the company has revealed in a market update. 8 January 2018
Insurance
Alternative investment manager Apollo is paying $2.6 billion to buy Bermuda-based Aspen Insurance Holdings and take the insurer private in what is the latest development in a string of insurance deals. 28 August 2018
Insurance
While cyber insurance and reinsurance is expected to enjoy strong growth in the years ahead, there remain considerable challenges to the companies operating in this market, including the ability to price the risks accurately and get a handle on accumulation risks. 16 October 2017
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