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James River Group Holdings has named Frank D’Orazio as chief executive officer, with J. Adam Abram, its founder and current chief executive, set to retire on November 1, 2020. 29 October 2020
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Markel saw its profits increase in the third quarter of 2020 but its combined ratio deteriorated, driven by underwriting losses attributed to COVID-19 and natural catastrophes in the US. 29 October 2020
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AXIS Capital reported a net loss for the third quarter of 2020 but insisted the results still contained encouraging signs, blaming the loss on severe natural catastrophe activity in a quarter that has seen a record-breaking number of hurricanes in the Atlantic. 29 October 2020
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Peak Re (BVI) Holding, the wholly owned subsidiary of Hong Kong-based global reinsurer Peak Reinsurance Company that also has operations in Bermuda, has issued $250 million of perpetual subordinated guaranteed capital securities at 5.35 percent. 28 October 2020
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MS Amlin Underwriting, the Lloyd’s re/insurer, has appointed Johan Slabbert as chief executive officer. 28 October 2020
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AXIS Insurance has entered a partnership with Slice Labs, an insurtech firm, that will see Slice Labs distribute its home based business insurance on its on-demand insurance platform. 28 October 2020
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Chubb has reported an increase in profitability for the third quarter of 2020 compared to the same period in the previous year, with the hardening market offsetting the challenging circumstances presented by the global pandemic and an active Atlantic hurricane season. 28 October 2020
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RenaissanceRe Holdings has reported a significant year on year increase in its profitability for the third quarter of 2020, in what its president and chief executive Kevin O’Donnell described as “another active quarter [that] further confirms the critical role RenaissanceRe plays in helping communities rebuild.” 28 October 2020
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RMS, the catastrophe risk modeling company, has appointed Patrick McCarthy as executive vice president of sales and client development. 27 October 2020
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Hiscox has appointed Yana O’Sullivan as head of investor relations. 27 October 2020
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