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Maiden Holdings has reported a second quarter 2019 net loss of $15.4 million, up on the net loss of $5.9 million it reported for the second quarter of 2018.   13 August 2019
News
Aon has announced that it advised HSBC in Bermuda on a £7 billion longevity swap, involving the HSBC Bank (UK) Pension Scheme and Prudential Insurance Company of America (PICA), in what Aon claims was the second-largest ever deal of its type.   13 August 2019
News
The Bermuda Monetary Authority (BMA) and National Association of Insurance Commissioners (NAIC) have announced that they discussed issues of mutual regulatory interest in New York last week.   13 August 2019
News
Argo Group has introduced a number of changes to the way board members are elected and how they are paid.   12 August 2019
News
Sirius International’s second quarter results were hit by prior year loss reserves relating to Typhoon Jebi but it continued to enjoy steady growth and said its underlying business is performing well.   12 August 2019
ILS
The insurance-linked securities (ILS) market decreased in size in the second quarter of 2019 partly because loss creep from prior year catastrophe events has dented investor confidence.   12 August 2019
News
Everest Re Group has named the successor to its existing CEO who will start from the start of 2020.   12 August 2019
ILS
Hiscox has boosted its reinsurance and insurance-linked securities (ILS) teams with several appointments.   12 August 2019
News
AM Best has upgraded PartnerRe’s financial strength rating to A+ (Superior) from A (Excellent).   12 August 2019
News
A new reinsurer has formed on Bermuda focused on acquiring active and run-off blocks of annuity business and other forms of long-term life insurance liabilities.   12 August 2019

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