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Hiscox Re, along with Japanese re/insurance group MS&AD, have invested in AkinovA, an electronic marketplace for the transfer and trading of re/insurance risk. 16 January 2019
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Investors that purchased Markel Corporation securities between July 26, 2017 and December 6, 2018, have filed a class action lawsuit against the re/insurance holding company, alleging they were misled regarding the company's financial condition. 15 January 2019
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2018 was the fourth highest annual catastrophe loss year on record, however its overall impact on property rates was limited, raising questions over pricing adequacy, underwriting strategy and available capital, according to Guy Carpenter's annual renewal report. 14 January 2019
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Arch Capital Group has estimated pre-tax losses of $110 million to $130 million related to 2018 fourth quarter catastrophic events. 11 January 2019
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Premia Holdings has acquired Public Service Insurance Company (PSIC) and its wholly-owned subsidiary Western Select Insurance Company (WSIC) from the Director of the Illinois Department of Insurance, acting in her capacity as statutory and court affirmed Rehabilitator for PSIC. 11 January 2019
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The Camp Fire wildfire in northern California was the costliest natural catastrophe event in 2018, with overall losses of $16.5 billion and insured losses of $12.5 billion, according to Munich Re's Natural Catastrophe Review 2018. 10 January 2019
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Dominic Addesso, the president and CEO of Everest Re Group, is set to retire at the end of 2019. 8 January 2019
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The Association of Bermuda Insurers & Reinsurers (ABIR) has appointed Albert Benchimol, president and CEO of AXIS Capital, as its chair for 2019-20. 8 January 2019
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Bermuda re/insurer Maiden Re has terminated its existing quota share agreement with AmTrust covering small commercial business in favour of a new deal with Swiss Reinsurance America. 3 January 2019
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The Bermuda Monetary Authority has issued a new report looking at the state of cybersecurity in the market at the moment. 21 December 2018
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