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Bermuda-based Third Point Re made a loss in the first quarter of 2018 as investment income plummeted and underwriting continued producing losses, but CEO Rob Bredahl promised improvements “over time”. 10 May 2018
News
Reinsurers and cedants have been adversely impacted by consolidation among reinsurance brokers – making this a good moment for a new player to launch. That is the argument of Charlie Love, the newly appointed chief financial officer of Augment, launched in July, who also promises the broker will innovate and help clients unlock trapped value. 4 August 2023
Insurance
The new hires will spearhead the expansion of its delegated commercial and household businesses. 1 October 2020
Insurance
AM Best says there is a marked lag between recognition of ESG risks and action being taken to mitigate them. 17 November 2020
Insurance
The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
Insurance
Mark Kociancic is leaving SCOR after 15 years, having served as its group CFO since 2013. 30 September 2020
Insurance
London-based managing general agent (MGA) Pen Underwriting has entered into a new motor capacity deal with Zurich Insurance. 28 September 2017
Insurance
Ratings agency cites low oil prices and COVID-19 downturn as key factors for the outlook change. 5 June 2020
Insurance
Neptune Commercial Flood insurance policies are issued by AXA XL and Lloyd's. 5 June 2020
Insurance
The group is unable to accurately forecast the outlook for 2020 but insists the capital, liquidity and funding positions remain strong. 8 April 2020
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