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Re/insurance
Despite the immediate challenges and tough trading conditions, there could be no better time for re/insurers to innovate and drive forward the next big change in the industry, which may be a technology or disrupter that now does not exist, argues EY’s David L. Brown. 3 August 2017
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RenaissanceRe Holdings (RenRe) has announced that Duncan Hennes and Dr. Valerie Rahmani have been appointed to serve as independent directors, effective immediately August 2, 2017. 3 August 2017
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Third Point Re has reported that its net income for the second quarter of 2017 came to $74.6 million, a 39 percent increase on the $53.4 million it made in the same period of 2016. 3 August 2017
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Assured Guaranty’s second quarter 2017 results have been described as “highly successful” by Dominic Frederico, president and CEO of the company. 3 August 2017
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J. Adam Abram, the chairman and CEO of Bermuda-based James River Holdings, has welcomed the company’s second quarter 2017 results, in which the company saw its net income total $14.6 million, slightly down on the $14.9 million it made for the same period of 2016. 2 August 2017
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EY has announced that Edie Jaworski has joined its Bermuda office as a partner, after spending more than 18 years in EY’s New York office, where she worked closely with insurance clients. 2 August 2017
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Validus Holdings has announced that Sachio Harrison, currently a first-year participant in the Validus Summer Student Program and soon to be a student at Western Ontario University in Canada, has been named the 2017 Validus Scholar. 1 August 2017
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Profits more than doubled at Endurance Specialty subsidiary Blue Capital Reinsurance Holdings in the second quarter. Its income for the period reached $4.6 million, more than twice the $2 million it posted for the same period of 2016. 1 August 2017
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Argo Group International Holdings has appointed Matt Harris to lead the company’s Europe and Asia operations. He takes up the role with immediate effect, reporting to Jose Hernandez, head of international. 1 August 2017
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Argo Group subsidiary ArgoGlobal has appointed Dominic Kirby as managing director of Argo Managing Agency. 1 August 2017
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