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Insurance
Bermuda-based Arch Capital has announced that its full year 2016 results saw a slight rise in profits of just two percent from its 2015 results, despite significant premium growth. 14 February 2017
Insurance
QBE Insurance Australia has entered into a strategic partnership with Risk Management Institution of Australasia (RMIA). 30 June 2017
Insurance
Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pre-tax basis, according to Fitch Ratings. 27 September 2017
Insurance
Existing EU insurance policies should stay in place after Britain leaves the bloc because the process of dividing them into British and EU contracts would be too complex, Lloyd's CEO Inga Beale told Reuters in a June 26 interview. 27 June 2017
Alternative Risk Transfer
The UK’s economic secretary to the Treasury, Simon Barclay said that the regulation to introduce insurance linked securities (ILS) in the UK will be laid in Parliament before the summer recess and may be in force in autumn. 27 June 2017
News
Cayman Islands-based specialist property/casualty reinsurer Greenlight Capital Re has hired Michael Belfatti to the newly-created position of chief operating officer. 16 August 2017
Insurance
The Bermuda market passed the tests of 2017, which took the form of heavy losses triggered by large catastrophe claims, with flying colours, according to the CEO of The Association of Bermuda Insurers and Reinsurers (ABIR), speaking in relation to the results of its annual survey and report. 4 July 2018
Insurance
Israel-based insurtech start-up Planck Re, an artificial intelligence (AI) driven commercial insurance data platform, has raised $12 million Series A in its first funding round. 4 July 2018
Insurance
XL Catlin has strengthened its marine underwriting team in Latin America with a series of new hires and promotions. 22 June 2017
Insurance
XL Catlin's excess and surplus (E&S) insurance team has named Caitlin Murphy to the role of Eastern regional vice president, E&S property. 22 June 2017
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