Everest Re Group has announced that a string of natural catastrophe losses has resulted in a preliminary pre-tax catastrophe loss estimate for the third quarter of 2018 of $240 million. 19 October 2018
Mutual investment, business, and job-growth opportunities shared by Bermuda and Florida were the focus of talks held in Miami by Premier David Burt and members of city and statewide chambers of commerce. 18 October 2018
RenaissanceRe Holdings has announced that losses from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2018 results of operations. 18 October 2018
John Hendrickson has been appointed as group chief executive officer (CEO) of StarStone Group, with immediate effect. He succeeds Demian Smith, who resigned in September 2018 after eight years of service. 17 October 2018
Blue Capital Reinsurance Holdings has announced that its third quarter results would be impacted by approximately $10.2 million dollars of catastrophe losses, net of reinsurance and reinstatement premiums. 17 October 2018
Estimates by catastrophe risk modelling firm AIR Worldwide Industry have put insured losses from Hurricane Michael at $6 billion to $10 billion. 16 October 2018
AM Best has affirmed the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Bermuda-based Rembrandt Insurance Company. The outlook of these ratings remains stable. 16 October 2018
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Ann Haugh as president of its global markets division, based in London. 15 October 2018
