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XL Catlin insurance operations has announced two senior appointments to its global excess casualty team. 5 June 2018
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Capsicum Re, which has a major presence on Bermuda, has announced the launch of its New York cyber hub. 5 June 2018
News
Sompo International Holdings has completed the acquisition of the operating subsidiaries of Lexon Surety Group, which was first announced on January 3, 2018. 4 June 2018
ILS
Fidelis Insurance Holdings has announced the creation of Socium Re, a new Bermuda-domiciled special purpose insurer designed to provide collateralised capacity support for Fidelis’ reinsurance portfolio. 4 June 2018
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JLT Re has claimed that that low single-digit reinsurance rate increases were recorded at the 1 June 2018 Florida property-catastrophe renewals, once again failing to meet early market expectations. 4 June 2018
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Updated forecasts for the 2018 US hurricane season predict that the North Atlantic Basin will produce average hurricane frequency relative to long-term results, according to the latest US hurricane season special report from rating agency Fitch. 4 June 2018
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Assured Guaranty has completed its previously announced reinsurance transaction with Syncora Guarantee, a wholly owned subsidiary of Syncora Holdings. 4 June 2018
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Global specialty cyber insurance analytics and underwriting firm Envelop Risk has revealed that industry veteran and former XL Group head Brian O’Hara has joined its board of directors. 1 June 2018
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AXIS Re has unveiled a series of strategic changes that it claims will increase client satisfaction and drive profitable growth. 31 May 2018
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XL Catlin’s insurance operations has created Corporate CPR (Crisis Prevention and Response for corporate clients) – a global risk management and insurance solution designed to help companies of any size prevent, prepare for and respond to crisis situations, and help protect their people, assets, property and finances. 31 May 2018
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