News

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AXIS turns a profit despite cat losses

It posted a 107.4% combined ratio but a net income of $47m for the quarter.   28 October 2021

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Everest hires Beggs from Munich Re as it invests in reinsurance

The company has also made other leadership changes to bolster the team.   28 October 2021

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Sagicor appoints Bart Catmull as CRO

Moves over from its US business.   27 October 2021

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Fitch forecasts double-digit premium rate rises

Increasing prices improving outlook for the sector, it says.   27 October 2021

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James River to report up to $26m in losses for the quarter

Update comes as new appointments join board.   27 October 2021

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Average annual cat losses break $100bn barrier, says AIR

$200bn losses a “very real possibility”.   26 October 2021

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RenaissanceRe reports $679m underwriting loss

Gross written premium up more than half, though, and it continues with share buy-backs, supported by “fortress balance sheet”.   26 October 2021

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IQUW and Agora close in on deal

Combined entities would create leading Lloyd’s property business.   26 October 2021

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Howden hires capital markets head from Lancashire

Darren Redhead joins following Bermuda broker acquisition.   26 October 2021

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Mississippi Insurance Commissioner blasts “hurricane tax”

Op-ed warns of unintended consequences from hit to Bermuda.   25 October 2021

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