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Insurance
AXIS Capital Holdings has reported a fall in its net income for the first quarter of 2016, to $38 million, compared with $156 million, for the first quarter of 2015, weighed down by weak investment results. 27 April 2016
Insurance
Sapiens International, a global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, has entered into a definitive agreement for the acquisition of Maximum Processing. 8 June 2016
News
Bermuda-based RenaissanceRe has appointed James Gibbons as non-executive chair of its board of directors. 17 November 2015
Insurance
As Patria Re prepares to reposition itself from a Latin American specialist to a small international reinsurer with a specialty in the region, the company’s CEO, Ingrid Carlou, tells Intelligent Insurer about the benefits of this alteration and the reinsurer’s entry into Lloyd’s. 15 December 2015
Insurance
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has started a transactional liability unit in North America to help customers face inherent risks caused by M&A transactions. 21 July 2016
Insurance
US insurance broker Brown & Brown has reported a 3 percent growth in its revenues for the fourth quarter of 2015, compared with the same period a year earlier. Its revenues for the full year 2015 also increased by 5.6 percent. 26 January 2016
Insurance
Re/insurer Allied World has appointed Michael Garrison as senior vice president of Asia-Pacific for Allied World global markets. 22 July 2015
News
Maiden Holdings, the Bermuda-based holding company, has posted an increase in its net income for 2015 to $100.1 million, compared with $77.1 million in 2014. 24 February 2016
Insurance
Support services provider Advent Insurance Management has established a nationwide US presence through a joint venture with claims adjuster AmeriClaim. 20 August 2015
Insurance
The Bermuda Business Development Agency (BDA) and other business bodies including the Association of Bermuda Insurers and Reinsurers have praised the resilience of Bermuda and the speed with which much of its critical infrastructure reopened in the aftermath of Hurricane Nicole. 17 October 2016
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