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Bermuda-based RenaissanceRe Holdings (RenRe) has reported decrease in its net income for the first quarter of 2016, down to $128, compared with $167.8 million in the first quarter of 2015. 27 April 2016
News
Grainne Richmond has been appointed the new president of the Bermuda Insurance Management Association (BIMA), following the group’s Annual General Meeting (AGM) this month. 27 April 2016
News
Everest Re Group has posted a first quarter 2016 after-tax operating income of $222.7 million, down from the $329.9 million it made in the first quarter of 2015. 26 April 2016
News
AXIS Healthcare, part of AXIS Capital Holdings, has entered the nursing home professional liability market by hiring two underwriters who have significant experience in senior aging services. 26 April 2016
News
Randall & Quilter (R&Q), a Bermuda-based specialist non-life insurance investor, has reported a pre-tax profit of £2.8 million for 2015, a dramatic improvement from its loss of £1.6 million in 2014. 25 April 2016
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Reinsurance broker Guy Carpenter has appointed Peter Stubbings as CEO of its Bermuda operations. 25 April 2016
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Bermuda-based Aspen Insurance reported a solid set of results in the first quarter of 2016, despite a fall in profits. 22 April 2016
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Bermuda-based Sirius International Insurance Group has been assigned a negative outlook by rating agency AM Best. 22 April 2016
News
The Bermuda Business Development Agency (BDA) has unveiled plans to host a webinar on the benefits of Bermuda-based captive insurance for Latin American corporations. 22 April 2016
ILS
A record-breaking issuance volume of $2 billion of non-life insurance-linked securities (ILS) was seen in the first quarter of 2016. 21 April 2016
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