Guy Carpenter has announced the promotion of John Fletcher to the position of chairman of its Bermuda operations, as it updates its long-term succession-planning strategy. 30 April 2018
Cat bond issuance in the first quarter of 2018 hit a new record for the quarter, coming in at $3.58 billion, according to Aon Securities in its Insurance-Linked Securities Q1 2018 Update. 27 April 2018
AXIS Capital Holdings has announced that it made a first quarter 2018 profit of $63 million, a substantial increase on the $5 million profit it made for the same quarter of 2017. 27 April 2018
Everest Re Group has reported first quarter 2018 net income of $210.3 million, down on the $291.6 million it for the same quarter of 2017. 26 April 2018
Sompo International Holdings (SIH) has revealed that John (Jack) Kuhn has added the position of chief underwriting officer for Sompo International’s Property & Casualty (P&C) business to his existing position of chief executive officer, global insurance at the firm. 25 April 2018
Markel Corporation, which has operations in Bermuda, has reported that it made a loss of $174.8 million for the first quarter of 2018, a fall from the profit of $223.2 million for the same quarter of 2017. 25 April 2018
The Bermuda Monetary Authority (BMA) is launching what it describes as two parallel innovation tracks: an insurance regulatory sandbox (sandbox) and an innovation hub, both initially targeted at insurance technology (InsurTech) companies. 25 April 2018
Catalina Holdings (Bermuda) has announced that has assumed a portfolio of US property & casualty liabilities in run off from Arch Reinsurance. 25 April 2018
