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Eliot Partnership, the global insurance sector executive search firm, has opened an office in Bermuda, its fifth office, and appointed Britt Reiss as partner and director in Bermuda. 11 May 2020
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Guy Carpenter & Company has launched the Philippines Flood Model, providing countrywide coverage and enabling insurers to assess flood exposure in the region. 11 May 2020
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PartnerRe reported a loss for Q1, with volatility in the markets creating a challenging backdrop for the business, but stressed its balance sheet strength and high quality investment portfolio position it well going forward. 11 May 2020
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Third Point Re reported a loss for Q1 2020, but cited an improved combined ratio as a cause for optimism about the prospects for the business going forward. 11 May 2020
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Too many re/insurers have been “harvesting risk, not underwriting risk,” according to Ryan Mather, CEO of Ariel Re and global head of reinsurance at the Argo Group. 8 May 2020
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Hamilton-based Assured Guaranty will pay a quarterly dividend of $0.20 per common share, the company has announced. 7 May 2020
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Specialist insurer Hiscox plans to raise additional capital of around £375 million through share issuance, in a move it hopes will help fund expansion in the wholesale and reinsurance markets and meet expected liabilities arising from the COVID-19 exposure. 7 May 2020
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PartnerRe will pay a dividend for the period March 1 to May 31, 2020 on a number of its preference share classes. 7 May 2020
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RenaissanceRe Holdings posted a loss in what was a challenging quarter for the industry, but said it was confident it would meet the challenges and opportunities that await as the COVID-19 situation continues to evolve. 7 May 2020
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Everest Re Group managed to post a profit in Q1 despite difficult market conditions, pointing to the ingenuity of its employees and its capital base as sources of strength. 7 May 2020
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