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XL Group has announced that it made a loss of $1.04 billion in the third quarter of 2017, a massive fall from the $70.6 million profit it made in the same quarter of 2016. 25 October 2017
News
Specialist global insurer Hiscox has announced the appointment of Alex Veys as chief investment officer, replacing David Astor, who is retiring in 2018 after 15 years at Hiscox. 25 October 2017
News
AXIS Capital Holdings has announced that Steve Arora has been named chief executive officer of AXIS Re. 24 October 2017
News
Law firm Kennedys, in conjunction with Bermuda law firm Sedgwick Chudleigh, has announced the establishment of a Bermuda office, with Sedgwick Chudleigh joining Kennedys’ global network. 24 October 2017
Life
To make the best of the new automation technologies, insurers are learning to adapt to the reality of ‘digital labour’ to drive their strategies and achieve their long-term objectives, as Bill Miller and Mark Allitt of KPMG in Bermuda explain. 23 October 2017
article
Markel’s Andrew Barnard tells Bermuda:Re+ILS that the company will provide a robust and rapid response to its clients caught up in Hurricane Irma. 23 October 2017
Re/insurance
Hannover Re (Bermuda) was launched in 2001 after careful consideration by its German parent company. Konrad Rentrup, chief executive since the company’s launch, discusses the past 16 years with Bermuda:Re+ILS and what, if anything, might turn the soft market. 23 October 2017
Re/insurance
Having come through the integration process between XL and Catlin, XL Catlin doesn’t want to be the biggest player in the market. Instead it wants to be the best, as Charles Cooper, its president and chief underwriting officer, tells Bermuda:Re+ILS. 23 October 2017
News
Sompo International Holdings, a Bermuda-based subsidiary of Sompo Holdings has announced the launch of a new strategic partnership in Africa. 23 October 2017
News
AM Best has removed from under review with developing implications and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Hamilton Re. The rating agency said that the outlook assigned to these ratings is stable. 23 October 2017
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