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Bermuda-based Maiden Holdings sold its European automotive group to Allianz Partners, as part of its strategic review announced in 2018. 17 January 2019
ILS
Blue Capital Reinsurance Holdings, a Bermuda-based collateralised reinsurance provider and subsidiary of Sompo International, has updated its fourth quarter catastrophe loss impact to $30 million, net of reinsurance and reinstatement premiums. 17 January 2019
News
AXIS Capital Holdings has appointed Keith Schlosser as chief information officer (CIO). 17 January 2019
ILS
New York-based mutual fund firm Rational Funds aims to bring the benefits of insurance-linked securities (ILS) to the mutual fund market with the launch of Context Insurance Linked Income Fund (ILSIX). 16 January 2019
News
Hiscox Re, along with Japanese re/insurance group MS&AD, have invested in AkinovA, an electronic marketplace for the transfer and trading of re/insurance risk. 16 January 2019
News
Argo Group's European subsidiary ArgoGlobal Assicurazioni has partnered with Italian insurance broker Axieme to provide on-demand insurance for temporary and short-term workers in Italy. 15 January 2019
ILS
Investors that purchased Markel Corporation securities between July 26, 2017 and December 6, 2018, have filed a class action lawsuit against the re/insurance holding company, alleging they were misled regarding the company's financial condition. 15 January 2019
News
2018 was the fourth highest annual catastrophe loss year on record, however its overall impact on property rates was limited, raising questions over pricing adequacy, underwriting strategy and available capital, according to Guy Carpenter's annual renewal report. 14 January 2019
News
Hong Kong's Securities and Futures Commission (SFC) has reprimanded and fined FWD Life Insurance (Bermuda) HK$2.4 million ($306,142) for non-compliance with investment experience requirements. 14 January 2019
News
Arch Capital Group has estimated pre-tax losses of $110 million to $130 million related to 2018 fourth quarter catastrophic events. 11 January 2019
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