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AGER Bermuda, the holding company of the European operations of Athene Holding, is to acquire Aegon’s Dublin-based subsidiary Aegon Ireland as it moves to increase its financial flexibility. 10 August 2017
News
AXIS Insurance, part of AXIS Capital, has partnered with The Renewables Consulting Group (RCG) on a report that highlights the importance and potential for insurers within the energy storage market globally. 10 August 2017
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As Bermuda reinsurer Maiden Holdings slipped into a loss in the second quarter of 2017, Art Raschbaum, chief executive of Maiden, moved to address the issue by stressing the company has taken action on several fronts. 9 August 2017
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Robert Bredahl has been appointed new chief executive officer of Third Point Reinsurance USA, replacing John Berger who has stepped down from the position, but will continue to serve as chairman of the company board. 9 August 2017
News
Willis Towers Watson has appointed Susan Lane as director, consulting and development for North America and senior captive consultant, part of the company’s global captive practice. 9 August 2017
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White Mountains Insurance Group has released its first set of results in the wake of its sale of OneBeacon to Intact Financial Corporation for around $1.7 billion. 7 August 2017
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Essent Group has reported that net income for the second quarter of 2017 came to $72.1 million, a 37.8 percent increase on the $52.3 million it made in the same period of 2016. 7 August 2017
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Enstar, which is based in Bermuda but owns insurance assets all over the world including insurer StarStone, has announced that it made a profit of $90.2 million for the second quarter of 2017, up on the $40.6 million it reported for the same period of 2016. 4 August 2017
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Bermuda-based Athene Holding has announced that it has executed a flow reinsurance treaty with Lincoln Financial Group. 4 August 2017
ILS
For the third year running, BermudaRe+ILS present Women in Hamilton, a feature profiling some of the most successful and influential Bermuda-based female executives working in or servicing the risk transfer sector. 3 August 2017
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