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White Mountains Insurance Group has reported that it made a profit of $3 million in the second quarter of 2018, down severely on the $14 million it made in the same period of 2017. 8 August 2018
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Nephila Capital has announced that its plan to form its own managing agency has been given in principle approval by the Lloyd's Board, subject to regulatory authorisation. 8 August 2018
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Starr Insurance Companies has agreed to acquire the renewal rights of Aspen Insurance’s aviation business. The value of the aviation book is estimated to be in excess of $50 million in gross written premiums. 7 August 2018
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Argo Group has announced that its second quarter and first half 2018 profits fell slightly compared to the same period of 2017, but that it was making good progress with its overall business plan. 7 August 2018
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Everest Group subsidiary Everest Insurance has announced that Jessica Mann has joined the Everest Surety team as vice president, commercial surety lead, working in the company’s Houston office. In her role, Mann will be responsible for leading Everest’s expansion of commercial surety. 7 August 2018
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Argo Group International Holdings has announced the appointment of Thomas Bradley to its board of directors. 7 August 2018
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Essent Group has announced that it made a second quarter 2018 profit of $111.8 million, a 55 percent increase on the $72.1 million it made in the same period of 2017. 6 August 2018
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Fitch Ratings has affirmed the 'A+' Insurer Financial Strength (IFS) ratings of Wilton Reassurance Company (WRAC), Wilton Reinsurance Bermuda, Wilton Reassurance Life Company of New York, Texas Life Insurance Company and Wilco Life Insurance Company, as well as ivari. 6 August 2018
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Brit has announced that it made a first half 2018 net profit of $12.9 million, down significantly from the $139.7 million it made over the same period of 2017. 3 August 2018
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American International Group (AIG) and The Carlyle Group have announced a strategic partnership to build Bermuda-domiciled DSA Re into a standalone provider of reinsurance, claims handling, and run-off management solutions for long-dated, complex risks to the global insurance industry. 3 August 2018
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