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Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
Insurance
Another Bermuda-based re/insurer has estimated the extent of its losses stemming from a busy period of catastrophe losses in the last quarter including the Canadian wildfires and weather-related events in the US. 18 July 2016
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
AmTrust Financial Services, multinational insurance holding company, has entered into an agreement to acquire specialty insurance company ANV Holdings and its affiliates from Ontario Teachers' Pension Plan for $218.7 million in cash. 20 April 2016
Insurance
SCOR Global Life Americas has made key leadership changes to its life and accident reinsurance unit. 30 June 2017
Insurance
Re/insurer Hiscox enjoyed solid growth across all its lines of business, including its reinsurance book, in the first nine months of 2018 driven by a mixture of increased rates and new business. 5 November 2018
Insurance
Specialty re/insurer Brit has entered into an agreement with XL Catlin for the renewal rights for part of its directly written yacht portfolio. 24 July 2017
Insurance
USI Insurance Services (USI) said on June 27 that it has entered into an agreement with Wells Fargo & Company to purchase Wells Fargo Insurance Services USA. 27 June 2017
News
Specialty insurer MS Amlin has joined Flood Re, the UK Government-backed scheme that covers severe flooding. 15 February 2017
Insurance
New York-based AmTrust Financial Services said on Sept. 5 that it entered into a quota share reinsurance contract to reduce exposure to catastrophe and non-catastrophe events related to the business of its subsidiary Republic Companies effective August 1, 2017. 6 September 2017
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