News relating to the Bermuda and international insurance and reinsurance industry.
Hiscox profits slump as third year of heavy cat losses take their toll
Hiscox saw profits slump in its provisional results for 2019, with a third consecutive year of above average natural catastrophes taking its toll on the business. However, the re/insurer avoided making a loss.
MS Amlin names head of casualty to complete specialty reorganisation
MS Amlin has appointed Stuart Wood as head of casualty, completing the process of naming heads of its five specialty divisions.
Fidelis hires senior direct and facultative underwriter
Michael Davern has joined Fidelis Underwriting as a senior underwriter.
Aspen announces dividend payments in April
Aspen Insurance Holdings will pay dividends to holders of a number of its share classes on April 1, 2020, to holders of record as of March 15, 2020.
Watford CEO to retire with president named as his replacement
John Rathgeber will retire as chief executive officer of Watford Holdings on March 31, 2020.
Third Point Re back on track with healthy profits in 2019
Third Point Re put the memory of 2018 behind it by posting improved results for the full year and Q4 2019. The reinsurer was comfortably back in the realms of profitability, and made progress in its goal of bringing down its combined ratio to healthier levels.
Chairman of Enstar’s risk committee to step down
Sandra Boss will step down from the board of directors at Enstar Group on April 1, 2020, to pursue a full-time executive role with another company.
Everest to pay dividend in March
Everest Re Group will pay a dividend of $1.55 per share on or before March 30, 2020.
Bermuda reinsurance veteran to step down from AXIS board
Michael Butt, the chairman of AXIS Capital Holdings’ board of directors, will retire from the company, effective September 16, 2020.
BILTIR and BDA to promote Bermuda at ReFocus conference
Bermuda International Long Term Insurers and Reinsurers (BILTIR) and the Bermuda Business Development Agency (BDA) are hosting a lounge at the ReFocus conference in Las Vegas, Nevada, on March 1-4.
