News relating to the Bermuda and international insurance and reinsurance industry.
Assured posts Q2 net loss of $47m
But new business production in its insurance segment remained strong.
Essent posts 45% rise in Q2 profit
It says the long-term structural outlook for the housing market remains positive.
Convex buys underwriter-led insurtech
Quotech has raised £1 million from angel investors and Convex, the lead investor.
SiriusPoint posts Q2 net loss of $61m
Insurance & Services drove a 41% increase in GWP, to $812 million.
Partner Re posts H1 loss of $1.1b
The decline followed unrealised losses on fixed maturities due to rising interest rates.
Swiss Re launches new advisory business
The investment advisory company has a particular focus on catastrophe bonds.
Insurtech funding rises 8% in Q2
But Gallagher Re says funding is still 50% below 2021 levels.
IGI plans to buy Energy Insurance Oslo
IGI has had an exclusive underwriting agency arrangement with EIO since 2009.
Mosaic starts podcast amid ‘heightened uncertainty’
The Mosaic Moment series offers informed insights on economic and geopolitical themes.
Hiscox swings to interim loss of $107m
It also booked a net loss of $48 million for the conflict in Ukraine.
