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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
Insurance
William Gallagher Associates (WGA), a US retail insurance broker, has appointed Michael Talmanson as leader of the firm’s technology and cyber risk practice. 10 December 2014
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
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
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
Insurance
Specialist insurer Markel International has appointed Tom Fassnidge as senior claims adjuster in its professional and financial risks division. 21 November 2014
Insurance
XL Life, the subsidiary of global re/insurance firm XL Group, has entered into a definitive agreement to reinsure a block of US term life treaties to a subsidiary of Reinsurance Group of America (RGA). 3 December 2015
Insurance
Dah Sing Financial Group has reached an agreement to sell the life insurance businesses of Dah Sing Financial Holdings Limited (DSFH) in Hong Kong and Macau to the Fujian Thai Hot Investment Company (Thai Hot). 3 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
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