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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
Zurich Insurance Group enjoyed a 20 percent rise in net profits on the back of a small rise in revenues in the first quarter of 2014 as it started to implement a strategic programme designed to streamline the business. 15 May 2014
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
The chief executive officer (CEO) of Zurich has said he is not “satisfied” with the insurer’s earnings, as profits and gross written premiums fell. 12 February 2015
Alternative Risk Transfer
Western European insurers are exploring changes to their investment mixes, but strategic asset allocations have remained broadly stable in the past years, according to an analysis of 40 rated insurance groups by S&P Global Ratings. 3 August 2016
News
The board of directors of Willis Group has nominated Francisco (Paco) Luzón and Jaymin Patel to become directors of the company. These nominations complete the slate of directors that will be presented to Willis Group shareholders at the company's upcoming annual general meeting. 7 June 2013
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
News
Nexus Underwriting Management has announced the launch of its new Lloyd’s managing general agency, Nexus Professional Risk (NPR). 27 March 2012
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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