News
News
Re/insurer Aspen has launched what it describes as a comprehensive program to drive greater effectiveness and efficiency across the company, which has a substantial presence on Bermuda, and enhance its market position. 30 October 2017
News
The 2017 hurricane season could be a defining moment for Bermuda. Greg Wojciechowski of the Bermuda Stock Exchange outlines why this Atlantic storm season may define Bermuda’s role in the world for years to come. 27 October 2017
News
Validus Holdings has announced a net loss of $250.4 million for the third quarter of 2017, a severe fall from the $89.8 million profit it made over the same period of 2016. 27 October 2017
News
XL Group has announced that James Nevels has joined its board of directors. 27 October 2017
ILS
Arch Capital Group has announced that its mortgage insurance (MI) business has obtained $368 million of indemnity reinsurance from Bellemeade Re 2017-1, a special purpose insurer. 27 October 2017
ILS
Hurricane Irma will test the infrastructure and financial wherewithal of some insurers doing business in Florida, particularly newcomers, as Chris Draghi and Michelle Baurkot of AM Best explain. 27 October 2017
News
AXIS Capital Holdings has announced that it made a loss of $468 million over the third quarter of 2017, down on the profit of $177 million that it made over the third quarter of 2016. 26 October 2017
News
Arch Capital Group has announced that because of the significant level of catastrophic event activity in the third quarter of 2017, it made a net loss of $52.8 million in that period. This compares to the $247.4 million in net income it made over the third quarter of 2016. 26 October 2017
News
Aspen Insurance Holdings has reported a net loss after tax of $253.8 million for the third quarter of 2017, a substantial fall from the $95.6 million profit it reported for the same period of 2016. 26 October 2017
News
Bermuda-based law firm Appleby has denied that any it or any of its clients are guilty of wrongdoing after it admitted that some of their details might have been accessed by hackers in a 2016 security breach and leaked to the media. 25 October 2017
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