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Assured Guaranty experienced a net income fall of over 50 percent to $146 million in the second quarter of 2016, from the $297 million it reported for the same period of 2015. 5 August 2016
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Maiden Holdings, a Bermuda-based re/insurer, has reported a considerable increase in its profits in the second quarter of 2016 despite what Maiden’s chief executive officer (CEO) called a ‘competitive operating environment’ and continued pressure on investment yields. 5 August 2016
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James River Group (JRG) has reported a net income boost of 16.8 percent to $14.6 million in the second quarter of 2016, compared with $12.5 million in the same period of 2015. 4 August 2016
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Ironshore Specialty Casualty, a Bermuda-based insurer, is providing new owners protective professional indemnity (OPPI) coverage for construction projects. 4 August 2016
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White Mountains experienced a steep climb in its net income to $341.1 million in the second quarter of 2016 from the $4.3 million that it reported in the same period of 2015. The company credited this to the sale of Sirius International Insurance Group. 4 August 2016
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Talbot Underwriting Services, a subsidiary of Validus Holdings, has launched a political risk insurance binding authority from its New York office. 3 August 2016
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Markel Corporation, which has offices in Bermuda, reported increase in its profits in the second quarter of 2016 due to solid underwriting results. 3 August 2016
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Argo Group has reported a sharp increase in its net income due to successful investment returns in the second quarter of 2016, however, catastrophe losses have negatively affected its combined ratio. 3 August 2016
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Blue Capital Reinsurance Holdings, headquartered in Bermuda, has reported a steep decline in its profits in the second quarter of 2016, due to higher levels of catastrophe losses worldwide. However, the company said rate decreases slowed in the mid-year renewals compared with a year before. 2 August 2016
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Watford Specialty Insurance Company (WSIC), a subsidiary of Bermuda-based Watford Re (WRL), has acquired a formerly dormant insurance company. 2 August 2016
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