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Third Point Re saw its premiums decline 30.6 percent in the third quarter of 2016, but also made a profit over the period. 4 November 2016
News
Bermuda-based re/insurer Maiden Holdings has reported a substantial increase in its net income in the third quarter of 2016 while two of its reinsurance segments, diversified reinsurance and AmTrust reinsurance have shown solid growth. 3 November 2016
News
Argo Group has reported a 10.2 percent increase in its gross written premiums (GWP) in the third quarter of 2016, while its combined ratio remained stable. 3 November 2016
News
AXIS Capital Holdings (AXIS Capital) has appointed Anees Ahmad as vice president of its accident and health (A&H) division and business development manager of its Middle East and North Africa (MENA) reinsurance business. 2 November 2016
News
Aeolus Capital Management (Aeolus), a Bermuda-based capital management company, has reached an agreement in principle under which Elliott Management Corporation (Elliott), through an affiliate, will acquire a controlling interest in Aeolus and its affiliated entities. 2 November 2016
News
Arch Insurance Group, a Bermuda-based insurer, has partnered with American Specialty Insurance and Risk Services to provide customised insurance programmes for the sports, recreation and entertainment markets. 1 November 2016
News
AXIS Capital Holdings (AXIS Capital) has priced an offering of 22 million depositary shares, each representing a 1/100th ownership interest in a share of its 5.5 percent series E preferred shares, or $550 million in aggregate liquidation preference. 1 November 2016
News
Blue Capital Reinsurance Holdings (Blue Capital), a Bermuda-based reinsurer, reported a net income decrease to $10.3 million for the nine months ended September 30, 2016, compared with $15.3 million it reported for the same period of 2015. 1 November 2016
ILS
AM Best is sponsoring the Insurance-Linked Securities (ILS) Convergence event, which will be held on November 9 - 10, 2016, at the Fairmont Hamilton Princess in Bermuda. 31 October 2016
News
XL Catlin’s insurance operations has introduced a consumer products recall solution, designed to meet the needs of manufacturers of a broad range of consumer products including toys, clothing, household goods, electronics and sports equipment. 31 October 2016
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