News relating to the Bermuda and international insurance and reinsurance industry.
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Hardening market keeping reinsurers steady - for now: AM Best
Hardening pricing conditions are helping reinsurers overcome the challenges around COVID-19, social inflation and exposure to previous catastrophe events, according to AM Best.
Assured Guaranty posts solid Q2 results despite economic challenges
It has also appointed a new chief investment officer amid a management reshuffle.
HSCM Bermuda helps gig workers insurer Buckle raise $31m
The venture addresses gaps in conventional insurance policies that leave gig workers underinsured.
AXIS Re appoints head of casualty unit for North America
The reinsurer is seeing opportunities and challenges in the casualty space as the market hardens.
Sirius posts losses for Q2 and H1 of 2020 as Third Point Re deal goes through
The company made a net loss of $14m in Q2 and a net loss of $112m for the first half.
Third Point Re enjoys improved results as CEO Malloy highlights shift in portfolio mix
The reinsurer unveiled its Q2 results on the same day it agreed to merge with Sirius.
SiriusPoint emerges from $788m Third Point-Sirius deal; Sankaran takes reins
Kip Oberting steps down from the business while Dan Malloy takes new role.
Everest Insurance reshuffles its senior management
The division of Everest Re Group has appointed a new CEO and COO.
Strategic Risk Solutions poaches Hamilton founder Reiss as new MD
The executive is also the son of Fred Reiss, the founder of the captives industry.
Everest Re anticipates positive Q2 despite $160m of COVID losses
The reinsurer also said the pandemic could have a meaningful impact on revenue in the future.
