News

News

Handing over the reins

For six years, John Rathgeber has steered Watford Re to becoming a global business with a diversified book of business and more than $750 million in gross written premiums. As he hands over to his successor, he reflects to Bermuda Re on lessons learned during this time and how resilient the company’s business model has proven to be.   27 April 2020

News

Watford warns market volatility will weigh on Q1 results

Watford Holdings has warned its Q1 results will include a net investment loss of approximately $265 million due to the financial volatility caused by the COVID-19 crisis and the resulting economic shutdown.   24 April 2020

News

Q1 combined ratio will be below 100%, says Everest Re

Everest Re Group expects to report a combined ratio below 100 percent for its consolidated reinsurance and insurance operations in Q1 2020, with net investment income of $148 million.   24 April 2020

News

RenRe confirms it will not attend Rendez Vous in September

RenaissanceRe has confirmed it will not be attending the annual re/insurance Rendez Vous in Monte Carlo in September.   23 April 2020

Life

Everest promotes four to lead US regional commercial casualty teams

Everest Insurance has appointed four underwriters from across the US to lead the Northeast, South, Midwest, and Southwest regions for its commercial casualty business.   23 April 2020

Life

AXIS names Max Perkins as head of strategy and innovation in its cyber and tech unit

AXIS Insurance has appointed Max Perkins to the newly created role of head of strategy and innovation in its global cyber and technology unit.   23 April 2020

News

Event cancellation exposure will be $150m over six months: Hiscox

Hiscox expects to pay net claims totalling up to $150 million against events that have been cancelled in the media and entertainment, travel and other segments, the re/insurer has said.   23 April 2020

Life

Liberty Mutual appoints Pete D'Orsi to head up analytics for GRS

Liberty Mutual global risk solutions (GRS), its commercial and specialty re/insurance operation,  has appointed Pete D'Orsi as chief data and analytics officer.   23 April 2020

News

Bermuda’s COVID-19 testing regime must expand faster: David Burt

David Burt, Bermuda’s Premier, has admitted his disappointment about the speed with which the island is ramping up its testing regime.   23 April 2020

News

Private equity house Flexpoint Ford takes stake in TigerRisk

Private equity company Flexpoint Ford has taken a stake in TigerRisk Partners, the risk, capital and strategic advisor to the global re/insurance industry.   23 April 2020

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