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Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase. 18 July 2018
Insurance
P&C insurers face large claims from devastating California wildfires as losses are estimated to have reached between $3 and $6 billion, according to Moody’s. 14 November 2018
Insurance
Specialist credit and political risk insurance broker BPL Global has established a branch in Geneva through its French subsidiary. Philippine de Villèle will join from UBS to head the office. 4 June 2018
Insurance
Arthur J Gallagher's revenue for the brokerage segment in the second quarter was $998.1 million, an increase from $939.1 million year-on-year. 28 July 2017
Insurance
Property/casualty insurer AmTrust Financial Services has build a new management team to expand its accident & health (A&H) Lloyd’s offering and capabilities across its international operations. 7 March 2018
Insurance
RenaissanceRe Ventures, a subsidiary of Bermuda-based re/insurer RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding in run-off consolidator Catalina. 19 January 2018
Insurance
Markel almost doubled its net income in the second quarter of 2017, and enjoyed steady growth along its US and international business segments, partially offset by a dip in its reinsurance. 27 July 2017
Insurance
Bermuda-based OneBeacon Insurance Group has appointed Manning Rountree as class III director, succeeding Ray Barrette who has retired from the company and its parent White Mountains. 7 March 2017
Insurance
Specialist insurer Beazley has expanded its team focused on US management liability risks with the appointment of underwriter Jason Lowney. 28 June 2017
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