Bermuda-based run-off specialist Enstar Group significantly increased its turnover and profits in the second quarter of 2014, enhanced partly by its acquisition of Torus Insurance in April earlier this year. 12 August 2014
To address businesses’ growing interest in Trade Receivables Insurance (TRI), XL is adding to its underwriting resources with appointments in North America and London. 12 August 2014
Insured losses from two hurricanes that have approached Hawaii appear to be manageable, but could depress third-quarter 2014 earnings for the largest primary writers in the state. 11 August 2014
Recent high profile aviation and political risk losses are likely to reinforce the crucial role that insurance plays, driving an improvement in aviation rates. 11 August 2014
The Florida Office of Insurance Regulation has approved the removal of up to 91,499 multi-peril personal residential policies and 5,732 commercial lines polices from Citizens Property Insurance Corporation. 11 August 2014
ACP Re, the Bermuda reinsurer owned by AmTrust Financial Services, will soon acquire Tower Group after 98.5 percent of the insurer’s shareholders approved the takeover. 8 August 2014
Third Point Re, the reinsurance firm backed by Dan Loeb’s hedge fund, Third Point, experienced healthy growth for the second quarter of 2014, despite an underwriting loss. 8 August 2014
Re/insurer Catlin has reported a strong set of results for the first half of 2014, with profit more than doubling as a result of resilient global rating conditions and better investment returns. 8 August 2014
