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RenaissanceRe Holdings has announced that losses from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2018 results of operations. 18 October 2018
News
Judy Gonsalves has been appointed as vice president of Chubb Group and division president of Bermuda. 18 October 2018
News
John Hendrickson has been appointed as group chief executive officer (CEO) of StarStone Group, with immediate effect. He succeeds Demian Smith, who resigned in September 2018 after eight years of service. 17 October 2018
News
Blue Capital Reinsurance Holdings has announced that its third quarter results would be impacted by approximately $10.2 million dollars of catastrophe losses, net of reinsurance and reinstatement premiums. 17 October 2018
News
Estimates by catastrophe risk modelling firm AIR Worldwide Industry have put insured losses from Hurricane Michael at $6 billion to $10 billion. 16 October 2018
ILS
The 2018 Bermuda ILS Convergence 2018 conference was a resounding success, according to ILS Bermuda. 16 October 2018
News
AM Best has affirmed the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Bermuda-based Rembrandt Insurance Company. The outlook of these ratings remains stable. 16 October 2018
News
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Ann Haugh as president of its global markets division, based in London. 15 October 2018
News
ArgoGlobal Assicurazioni, a member of Bermuda-based Argo Group International Holdings, has appointed Marcello Lombardini as distribution and business development director. 15 October 2018
News
Steve Zonca has been appointed as chief executive officer (CEO) of Langhorne Re’s United States-based operating subsidiaries. 12 October 2018
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