News relating to the Bermuda and international insurance and reinsurance industry.
New specialty admitted executive at James River Group
James River Group Holdings has announced that Terry McCafferty assumed the position of president, specialty admitted insurance segment, effective October 19, 2018.
AXIS Capital creates global corporate controller position
AXIS Capital Holdings has appointed Kent Ziegler to the newly created position of global corporate controller.
Arch announces new executive appointments
Arch Insurance has revealed that Matt Shulman will assume the newly created role of chief executive officer (CEO), Arch Insurance North America, effective January 1, 2019.
Argo could be hit by $25m in Q3 losses
Argo Group International Holdings has announced a preliminary pre-tax catastrophe loss estimate for the three-month period ended September 30, 2018 of approximately $25 million.
Everest Re expects to break even in Q3, despite cat losses
Everest Re Group has announced that a string of natural catastrophe losses has resulted in a preliminary pre-tax catastrophe loss estimate for the third quarter of 2018 of $240 million.
Burt leads Bermuda delegation to Florida
Mutual investment, business, and job-growth opportunities shared by Bermuda and Florida were the focus of talks held in Miami by Premier David Burt and members of city and statewide chambers of commerce.
RenaissanceRe warns that Q3 results will be battered by cat losses
RenaissanceRe Holdings has announced that losses from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2018 results of operations.
Chubb appoints new executive for Bermuda branch
Judy Gonsalves has been appointed as vice president of Chubb Group and division president of Bermuda.
New CEO appointed at StarStone
John Hendrickson has been appointed as group chief executive officer (CEO) of StarStone Group, with immediate effect. He succeeds Demian Smith, who resigned in September 2018 after eight years of service.
Blue Capital Re warns that Q3 results will be hit by cat losses
Blue Capital Reinsurance Holdings has announced that its third quarter results would be impacted by approximately $10.2 million dollars of catastrophe losses, net of reinsurance and reinstatement premiums.
