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PartnerRe has signed an agreement with agricultural information and management specialist Farmers Edge that it claims will help insurers to close the insurance gap among farmers all over the world. 13 February 2018
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Arch Capital Group has reported fourth quarter 2017 net income of $203.5 million, a substantial rise on the $62.4 million it made in the same period of 2016. 13 February 2018
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The Bermuda Stock Exchange (BSX) has announced its support for Bermuda’s new ‘Just Good Business’ campaign. 13 February 2018
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The recent US tax cuts, officially known as the Tax Cuts and Jobs Act of 2017, will have an impact on those re/insurers that are based on Bermuda, according to an exclusive survey of readers of Bermuda:Re+ILS. 12 February 2018
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Fitch Ratings has claimed that the combination of continued competitive pressures, the effects of US tax reform and catastrophe losses in 2017 is leading to increased talk of more M&A among (re)insurers in 2018, especially in the Bermuda market. 12 February 2018
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Argo Group’s London-based subsidiary and Lloyd’s insurer ArgoGlobal has created what it claims is the first Lloyd’s Market consortium for motor treaty business. 12 February 2018
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Sirius International Insurance Group has entered into a three-year, $300 million senior unsecured revolving credit facility via its indirectly wholly-owned subsidiary Sirius International Group. 12 February 2018
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AIG has created a Bermuda-domiciled legal entity named DSA Reinsurance Company (DSA Re) which will act as AIG’s main run-off reinsurer. 9 February 2018
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AM Best has assigned a financial strength rating (FSR) of A- (Excellent) to Palomar Specialty Reinsurance Company Bermuda, along with a stable outlook. 9 February 2018
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Hiscox has made two senior appointments as it evolves its management structure to build on what it described as growth momentum in its retail businesses. 9 February 2018
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