Bermudian Arch Capital Group has beaten earnings estimates as it generated operating income of $142.1 million, or $1.05 per share, in the third quarter of 2014. Analysts’ consensus was below this at $0.96 per share. 30 October 2014
Bermuda-based Axis Capital enjoyed a strong third quarter as it benefitted from low catastrophe losses, portfolio diversification and ongoing favourable reserve development. 30 October 2014
The chief executive officer of Bermuda-based reinsurer PartnerRe remains confident about the future despite the reinsurer having posted a fall in profits for the third quarter of 2014. 29 October 2014
Blue Capital Re, a Bermuda-based provider of collateralised reinsurance in the property-catastrophe market, saw a strong third quarter. 29 October 2014
An increase in Montpelier Re’s premiums written out of Lloyd’s and collateralised reinsurance offset a decrease in the business it wrote out of Bermuda, the company revealed in its third quarter results. 28 October 2014
Bermuda-based XL Group has seen net profits fall in the third quarter of 2014, but its chief executive remains optimistic and its operating results remain robust. 28 October 2014
Allied World has realigned its two insurance business segments and reshuffled a number of executives, including the president of its Bermuda insurance operations. 24 October 2014
ILS Bermuda has confirmed Bermuda Convergence 2014 will proceed as planned, despite Bermuda being battered by Tropical Storm Fay and Hurricane Gonzalo within the period of a week. 23 October 2014
