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AXIS Capital returned to profit in 2018 and significantly increased its international insurance business being written, the latter of which it attributes to its acquisition of Novae Group back in 2017. 31 January 2019
News
The fourth quarter of 2018 proved challenging for Blue Capital Reinsurance Holdings, the collateralised reinsurer owned by Sompo International Holdings, as it tackled with a significantly higher loss and loss adjustment expense ratio in connection with substantial cat losses from 2018 and 2017. 31 January 2019
News
Bermuda-based Athene Holding, which through its subsidiary Athene Life Re provides annuity reinsurance, has closed an $800 million pension risk transfer deal with Lockheed Martin, a security and aerospace company. 31 January 2019
News
High levels of claims from two years of California wildfires contributed to a challenging 2018 for Bermuda reinsurer RenaissanceRe, although CEO Kevin O’Donnell remains positive for a successful 2019. 30 January 2019
News
The parent company of Bermuda-based specialty re/insurer Watford Re has publicly filed for an initial public offering (IPO) on the NASDAQ Global Market. 30 January 2019
ILS
Treefrog Consulting, a Bermuda-based re/insurance and ILS technology firm, has created an underwriting, pricing and portfolio management web application to help reinsurance and ILS businesses speed up pricing. 30 January 2019
ILS
The Bermuda Monetary Authority (BMA) registered 75 re/insurance companies in 2018, up from 58 in 2017, a 29.3 percent increase year-on-year. 29 January 2019
ILS
The global non-life insurance-linked securities (ILS) market grew to $93 billion at the end of 2018, up from $88 billion year-on-year, despite a substantial slowdown in the fourth quarter. 29 January 2019
News
Allied World Assurance Company Holdings has made a series of leadership appointments for its Bermuda operations. 28 January 2019
ILS
Aetna, a provider of healthcare insurance and subsidiary of CVS Health, has entered into a four-year reinsurance deal with a newly formed Cayman Islands special purpose insurance vehicle, Vitality Re X. 28 January 2019
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