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Reid Campbell has been appointed chief financial officer (CFO) at White Mountains, replacing David Foy who will remain an advisor to senior management through the end of 2017. 3 May 2017
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Former CEO and portfolio manager at Blue Capital Management Adam Szakmary, is the new director of underwriting at Hiscox Insurance Company Bermuda. 3 May 2017
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White Mountains has announced that net income for the first three months of 2017 came to $34.3 million, a substantial rise on the $13 million it posted for the same period of 2016. 3 May 2017
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RenaissanceRe has reported that it made a profit of $92.4 million for the first three months of 2017, a fall of 28 percent on the $128.4 million it made for the same period of 2016. 3 May 2017
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Fidelis Insurance has announced that it is further developing its niche specialty offerings and that it is sponsoring Rob Ashton in his aspirations to establish an MGA in partnership with Nexus. 2 May 2017
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Validus Holdings has announced that it has completed its acquisition of Archer Daniels Midland Company’s Crop Risk Services (CRS) business. 2 May 2017
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Blue Capital Reinsurance has reported that it made a profit of $4.1 million for the first three months of 2017, a slight fall on the $5 million it made in the same period of 2016. 2 May 2017
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Allied World Assurance Company, which has a presence on Bermuda, has reported improved profits in the first quarter of 2017. 28 April 2017
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Interest rates globally remain very low and will further pressure insurers' investment returns in the next few years according to rating agency Moody’s. For non-life insurers this will mean falling investment income, but for life insurers the insolvency risk is rising, the company said. 28 April 2017
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With the new EU rules on the way, organisations need to consider their attitudes towards privacy—and quickly, to minimise the risks to balance sheet and reputation, as Chris Eaton of KPMG in Bermuda explains. 27 April 2017
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