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Bermuda-based Hamilton Re has launched a contest for Bermuda high school students in support of Insurance Careers Month, the global initiative aimed at attracting young people to the insurance industry. 17 February 2017
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According to Fitch Ratings the January renewals show evidence that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers. 17 February 2017
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Bermuda-based Qatar Re has announced that Alastair Speare-Cole, the company’s chief underwriting officer (CUO), has resigned. 16 February 2017
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Bermuda-based Lancashire Holdings has announced that it had a difficult 2016, with net operating profits falling 17 percent from the previous year’s results. 16 February 2017
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James River Holdings has announced that it had a good 2016, with profits rising by 16.7 percent compared to the previous year. 16 February 2017
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Stephen Weinstein has been appointed as the new chair of the policy committee of the Association of Bermuda Insurers and Reinsurers (ABIR). 15 February 2017
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John ‘Jay’ Nichols has resigned from his position of CEO of Bermuda-based AXIS Re, according to a statement from the company. 14 February 2017
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Bermuda-based specialty re/insurer Argo Group saw its 2016 net income fall by 11.2 percent from its 2015 equivalent figures, despite a 7.6 percent rise in gross written premiums. 14 February 2017
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Despite significant premium growth Arch Capital’s full year 2016 results saw just a slight two percent rise in profits from its 2015 results. 14 February 2017
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The Bermuda Monetary Authority (BMA) has released new figures showing that Bermuda held on to its global position as the leading captive domicile with the most active captive licenses. 14 February 2017
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