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An erosion in Bermuda-based Allied World Assurance Company's commercial casualty profitability has lead to a ratings downgrade from AM Best. 19 February 2019
News
Apollo Global Management has now completed its previously announced acquisition of Aspen Insurance Holdings, and concurrently appointed a new CEO to succeed Chris O'Kane. 18 February 2019
News
Enstar’s Starstone Syndicate 2008, a managing agency and provider of finality for Lloyd’s run-off business, has finalised four run-off deals for Lloyd’s Syndicates managed by AmTrust. 18 February 2019
News
The Bermuda Monetary Authority (BMA) licensed 19 new captive insurance companies in 2018, bringing the total to 711. 15 February 2019
ILS
Brit has increased its commitment to the capital markets through growing various third party capital-backed initiatives in 2018, however the specialty re/insurer had a challenging year from natural catastrophes which ultimately led to a net loss. 15 February 2019
ILS
Only seven of the 33 tracked ILS funds representing the Eurekahedge ILS Advisers Index reported a positive return in December, and the average fund was down by 0.97 percent that month. 14 February 2019
News
Although sustaining heavy losses in the fourth quarter, Bermuda-based Lancashire Holdings returned to profit in 2018 and improved its combined ratio. 14 February 2019
News
Japanese insurance holdings company Sompo Holdings’ net income slumped in the nine-month period ending December 31 - but the company has improved the profitability of its overseas insurance subsidiary Sompo International. 14 February 2019
News
Catastrophic events set the tone of Arch Capital Group's fourth quarter results, with the Bermuda re/insurer sustaining substantial losses and posting a lower net income year-on-year. 13 February 2019
News
Investors who purchased or acquired securities in Bermuda reinsurer Maiden Holdings in a certain time period are seeking to recover damages in a class action lawsuit. It alleges they were misled by the company and some of its former officers on the nature of Maiden's underwriting and risk management practices relating to reinsurance agreements with AmTrust. 13 February 2019
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