News
ILS
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain. 27 October 2017
News
AXIS Capital Holdings has announced that it made a loss of $468 million over the third quarter of 2017, down on the profit of $177 million that it made over the third quarter of 2016. 26 October 2017
News
Arch Capital Group has announced that because of the significant level of catastrophic event activity in the third quarter of 2017, it made a net loss of $52.8 million in that period. This compares to the $247.4 million in net income it made over the third quarter of 2016. 26 October 2017
News
Aspen Insurance Holdings has reported a net loss after tax of $253.8 million for the third quarter of 2017, a substantial fall from the $95.6 million profit it reported for the same period of 2016. 26 October 2017
News
Bermuda-based law firm Appleby has denied that any it or any of its clients are guilty of wrongdoing after it admitted that some of their details might have been accessed by hackers in a 2016 security breach and leaked to the media. 25 October 2017
News
XL Group has announced that it made a loss of $1.04 billion in the third quarter of 2017, a massive fall from the $70.6 million profit it made in the same quarter of 2016. 25 October 2017
News
Specialist global insurer Hiscox has announced the appointment of Alex Veys as chief investment officer, replacing David Astor, who is retiring in 2018 after 15 years at Hiscox. 25 October 2017
News
AXIS Capital Holdings has announced that Steve Arora has been named chief executive officer of AXIS Re. 24 October 2017
News
Law firm Kennedys, in conjunction with Bermuda law firm Sedgwick Chudleigh, has announced the establishment of a Bermuda office, with Sedgwick Chudleigh joining Kennedys’ global network. 24 October 2017
Life
To make the best of the new automation technologies, insurers are learning to adapt to the reality of ‘digital labour’ to drive their strategies and achieve their long-term objectives, as Bill Miller and Mark Allitt of KPMG in Bermuda explain. 23 October 2017
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